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Kremlin builds ‘compensation fund’ in response to west’s ‘illegal expropriation of Russian assets’
German gas importer says it no longer has ‘any enforceable control’ over Unipro
Klaus-Dieter Maubach latest victim of clear-out after gas importer posted one of the biggest losses in corporate history
Stricken gas importer will have to sell off its most modern power plant
The bailout may be overpriced if it is predicated on energy costs higher than their current trajectory implies
German utility to issue new shares to government as hit from Russian gas crisis deepens
Soon-to-be-nationalised energy group takes €40bn hit on gas price surge
Berlin will take control of what was once Europe’s biggest importer of Russian gas
Final discussions under way over acquisition of majority stake from Finnish energy group Fortum
Energy group suffering huge losses discusses deal for Berlin to take majority stake
Sweden and Finland announce collateral support packages with traders saying prices could break records this week
German utility asks for €4bn while Austria’s largest supplier admits to difficulty financing operations
Europe’s biggest importer of Russian gas has become a ‘pawn’ in Ukraine war
German energy group forced to abandon action taken under Energy Charter Treaty despite expectations of further claims
State will build 30% stake in utility hit by Russia’s action to cut gas supplies
Gas is being siphoned from the company’s storage facilities after deliveries from Russia’s Gazprom came to a halt
Successive German administrations have prioritised cheap energy and neglected alternatives
State expected to take a substantial stake in company as a result of potential bailout
Disruption caused by the loss of Russian gas supplies is weighing heavily on the Düsseldorf-based group
German energy group warns on ‘significant financial burdens’ as Gazprom restricts volumes
Germany’s Uniper and Austria’s OMV plan to use rouble accounts for payments while Eni of Italy weighs options
German utility plays down prospect of supply disruptions as it pledges no new contracts with the country
Company seeks to preserve cash amid uncertainty over Ukraine and energy prices
Finnish group’s financial buffer looks thinner if it buys out minorities soon
German utility forced to turn to state bank and major shareholder to avoid cash crunch
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