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EXPLAINED: 2 | Vintage Vibes

Gazprom to pay Kremlin £8.6bn after record profits

Politicians wait to see whether Russia switches back on Nord Stream 1 gas supply to Europe

The Guardian - UK

Russia halts gas supplies to Germany as France warns of winter rationing and power cuts

Paris mulls rationing as Europe’s energy crisis deepens

The Independent UK

EU tightens travel rules for Russians, falls short of visa ban

European Union foreign ministers agreed on Wednesday to fully suspend a visa facilitation agreement with Russia, making it harder for Russian citizens to enter the EU but falling short of an outright visa ban. The move comes as a team of IAEA nuclear inspectors arrived in the southern Ukrainian city…

France 24

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Wholesale gas prices tumble as Europe prepares to intervene in energy markets

European Commission says it is working ‘flat out’ on emergency intervention and on longer-term structural reform

The Guardian - UK

France accuses Russia of weaponising energy after Gazprom cuts gas deliveries

France has accused Russia of using energy supplies as "a weapon of war" after Russian gas giant Gazprom reduced deliveries to French energy utility Engie.

Radio France Internationale

Germany upbeat on energy security; Russia cuts gas to France

Chancellor Olaf Scholz says Germany is well-prepared to tackle a possible energy shortage due to Russia’s squeeze on European gas supplies

The Independent UK

77 new stations: where you will be able to charge your electric car in Canberra

The ACT government has got more than it bargained for, with three companies to deliver 154 charging plugs in Canberra to make it easier to charge EVs.

The Canberra Times

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Australian electricity companies not reducing emissions in line with Paris agreement goals, study finds

AGL, EnergyAustralia and Origin among businesses study says not on track to meet global climate goals to limit heating to well below 2C

The Guardian - AU

Revenues rise to £61m at Newcastle construction group Northern Bear despite industry challenges

The firm said it had a strong forward order book which should support its trading performance in the coming months

Birmingham Post

French energy giants call on consumers to cut energy use to off-set power shortages

The heads of France's big energy companies urged individuals and businesses to limit power consumption immediately to prepare for a looming energy crisis.

Radio France Internationale

Morning Brief: Top Financial Stories Dominating on Wednesday, June 1

Reuters Redbird Capital Buys Italian Football Club AC Milan

Benzinga

This French Utility Looks To Use Google's Experimental Tech To Boost Wind Power

French utility ENGIE SA (OTC:ENGQF) looks to begin using an experimental technology from Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to boost efficiency and power from wind farms, Bloomberg reports. Engie will be the first customer to use Google’s feature, which Google sold via its cloud division. In 2019, Google acknowledged working with DeepMind to make artificial…

Benzinga

As Europe jilts Russian gas, biggest US exporter puts on a high-tech show

Deep in Louisiana’s bayou country, 18 maroon canisters discharge clear, odorless methane into the air as hard-hatted engineers patrol wind gauges, solar panels and a laser surveillance system shooting beams at mirrors.

Tribune News Service

Revealed: Hundreds of millions in UK taxpayers’ money handed to companies still operating in Russia

Exclusive: British government accused of indirectly helping to fund Putin’s war with £294m contracts

The Independent UK

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Tribune News Service

Belgium to extend life of nuclear reactors by another decade

Belgium’s government will work to extend the life of two nuclear reactors beyond their original shutdown date of 2025 to secure supply amid record high energy prices.

ABC News

EV chargers for V2G and V2H to arrive in Australia within weeks, after long delays

A new kind of charger that allows an electric vehicle to be used as a giant home battery is close to going on sale in Australia. So how does it work and is it worth the price?

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