The move signifies Switzerland's active scrutiny of its significant commodity industry's ties with Moscow. The inquiry, directed at Paramount Energy & Commodities SA, was initiated through a letter sent in April.
While Nord Stream and other pipeline closures take their toll on domestic supply, leaving Europe to scramble amid a gas supply crunch, Canada’s oil and gas producer Trillion Energy is hoping to alleviate the energy crisis by scaling up natural gas production in the fourth quarter of 2022 through programmes for which it has secured the required funding.
Norwegian and Swedish seismic institutes have recorded two underwater blasts before the discovery of the gas leaks on the Nord Stream pipelines in the Baltic Sea linking Russia and Europe, prompting an investigation by authorities amid suspicions of sabotage.
Activists from Greenpeace Nordic have blocked a gas tanker carrying Russian gas from offloading its cargo at an LNG terminal in Nynäshamn, south of Stockholm, calling on the Swedish government to stop the imports of Russian fossil fuels due to the war in Ukraine.
Find job opportunities in oil, gas, wind, solar, wave, nuclear and LNG industries