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Nord Stream II preparing for bankruptcy

... state of collapse against the backdrop of Western sanctions and a Russian special operation that unfolded on the territory of Ukraine. It is reported that the application will be submitted to the Swiss court of Zug, which is competent to consider this ... ... the head of the Gazprom Сompany, which owns the pipeline. Due to the project, in which the largest concerns of the energy and oil market (Shell, OMV, Engie, Uniper, Wintershall DEA) took financial part, it was planned to increase the volume of natural gas transported to Germany along the bottom of the Baltic. By the end of February, the situation with the project came to a standstill....

SMALL AND MEDIUM BUSINESSES IN GERMANY ON THE VERGE OF BANKRUPTCY DUE TO FUEL PRICES

The rapid rise in energy prices has jeopardized the work of companies in Germany. However, the problem does not only concern gas stations and the transport sector. According to local experts, existing taxes on electricity and the protracted reform of ... ... notes that only now, against the backdrop of an acute geopolitical conflict, the state began to actively negotiate with such oil-producing countries as Qatar. The oil and gas market, according to the head of BVMW, is what can be called a ‘power economy’,...

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