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Siemens Aktiengesellschaft (SIEGY)

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  • Reuters

    WRAPUP 5-Germany triggers gas alarm stage, accuses Russia of 'economic attack'

    Germany triggered the "alarm stage" of its emergency gas plan on Thursday in response to falling Russian supplies but stopped short of allowing utilities to pass on soaring energy costs to customers in Europe's largest economy. The measure is the latest escalation in a standoff between Europe and Moscow since the Russian invasion of Ukraine that has exposed the bloc's dependence on Russian gas supplies and sparked a frantic search for alternative energy sources.

  • Reuters

    Germany triggers gas alarm stage, accuses Russia of 'economic attack'

    Germany triggered the "alarm stage" of its emergency gas plan on Thursday in response to falling Russian supplies but stopped short of allowing utilities to pass on soaring energy costs to customers in Europe's largest economy. The measure is the latest escalation in a standoff between Europe and Moscow since the Russian invasion of Ukraine that has exposed the bloc's dependence on Russian gas supplies and sparked a frantic search for alternative energy sources. The step is a largely symbolic signal to companies and households but marks a major shift for Germany, which cultivated strong energy ties with Moscow stretching back to the Cold War.

  • Oilprice.com

    Outages And Reduced Russian Flows Send European Gas Prices Soaring

    An outage at the Freeport LNG export terminal, in addition to slowing Russian gas flows, are sending prices in Europe through the roof