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Energy Security: News

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The price of doing business in Russia

When Moscow launched its full-scale invasion of Ukraine, most global businesses rushed for the exit. Swiss food and drink firm Nestlé was not among them. The company hunkered down, a decision it framed as ensuring local people's "right to food." It made little difference to the Kremlin. On Sept. 17, the Russian government placed Nestlé Russia under temporary external administration, a move that could lead to the company's ultimate confiscation or nationalization. Nestlé now says it is "assess

About Energy security

Ukraine's energy security has become severely compromised since Russia's full-scale invasion began in February 2022, with systematic attacks destroying approximately 50% of thermal generation capacity and targeting natural gas storage facilities. The government works with European partners to diversify energy sources, strengthen grid connections with EU networks, and secure alternative fuel supplies, while defending remaining power infrastructure from ongoing Russian strikes.

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