Germany’s Uniper SE and Finland’s Fortum Ojy disclosed Russia has seized their subsidiaries in the country and placed them under federal control. President Vladimir Putin signed an executive decree Tuesday allowing Russia’s state property management agency to control Uniper’s Unipro and Fortum’s PAO Fortum. Both companies operate power plants in Russia and are majority owned…
Finland
Articles from Finland
Excelerate Remains ‘Agnostic’ in Global Search for More LNG Contracts, Says CEO
Excelerate Energy Inc. is looking for more opportunities to grow its nascent LNG portfolio, but not only with U.S. projects, as it expands its role as a global natural gas supplier. CEO Steven Kobos said during a fourth quarter earnings call that the company, headquartered in The Woodlands near Houston, had pivoted its “near-term commercial…
March 29, 2023
Russia Halts Natural Gas Shipments to Finland
Finland’s state-owned energy company Gasum said Friday that Russia would soon cut off the country’s main source of natural gas supplies, forcing it to find alternatives. Russia’s Gazprom PJSC informed the company that it would stop delivering natural gas supplies to Finland beginning Saturday (May 21). Gazprom said it was halting exports to the country…
May 20, 2022
Russia Says Half of Gazprom Clients Open Accounts to Pay for Natural Gas in Rubles – The Offtake
A roundup of news and commentary from NGI’s LNG Insight Russia’s Deputy Prime Minister said Thursday about half of Gazprom PJSC’s clients have opened two bank accounts to facilitate ruble payments for natural gas deliveries. European natural gas prices fell Thursday after fears eased over noncompliance and the possibility of Russia shutting off supplies to…
May 19, 2022
Renewable NatGas Transportation Demand Expanding Globally
The market for renewable natural gas (RNG) as a transportation fuel is growing, with new interest in Southern California and Scandinavia.
March 30, 2016
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