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Nord Stream II preparing for bankruptcy

The operator of the Nord Stream 2 project is about to declare bankruptcy in a few days. The company was in a state of collapse against the backdrop of Western sanctions and a Russian special ... ... 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....

Major supplier of electricity collapsed in the UK

The British firm Bulb, one of the seven largest energy companies in the United Kingdom, has gone bankrupt and got under external control. The financial collapse was caused by gas prices, which were established in the fall of 2021. The company's share of electricity suppliers in the UK was about 6%. Experts note that over the past three months, 25 electricity suppliers in the country have already filed for bankruptcy. Several million citizens were their clients. At the same time, the country's authorities are in a state of expectation of new bankruptcies. A few days ago, a message that the introduction of a special management regime would allow the company ...

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