Nord Stream 2

German Government Suspects Russian Gas Pipelines Were Deliberately Sabotaged

The German government suspects that the sudden loss of pressure in the Nord Stream 2 gas pipelines between Germany and Russia is the result of deliberate sabotage, according to reports. German newspaper Tagesspiegel newspaper is reporting that officials believe the pipeline was hit by a "targeted attack," carried out by…

Read More

Russia Halts Gas Flows to Europe, Germany Claims ‘No Cause for Alarm’ Yet

Russia has halted gas supplies to Europe via a key European supply route citing maintenance issues, according to reports. Some European countries have warned that the move by the Russian government is retaliation for backing Ukraine in the war. The news of the supply suspension has also sent prices on…

Read More

Putin Suffers Major Setback as Nord Stream 2 Files for Bankruptcy amid Santions

The company behind Russia's Nord Stream 2 pipeline has filed for bankruptcy, dealing a massive blow to Russian President Vladimir Putin. The Swiss company, Nord Stream 2 AG, made the decision to file for bankruptcy Tuesday after crushing sanctions were imposed by the West. The firm also fired over 100…

Read More

Russia’s Ex-President: Gas Prices to More Than Double after Nord Stream 2 Freeze

Russia's former President Dmitry Medvedev has warned that gas prices will more than double after Germany announced a freeze on the Nord Stream 2 pipeline. Medvedev said Tuesday that he expects Europeans will soon face a mammoth rise in natural gas prices in response. Germany announced the freeze over Moscow’s…

Read More