Politics

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None of this is good, however, "Kamala Claims: Borders are Closed"
Greg Abbott: Just Dropped another Bus Load Of Migrants in front of VP Harris's Residence ; &
Ron DeSantis: Shipped Bus Loads to "martha's vineyard"
 
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Whar do you think of Ursula von der Laden? I like her recent gutsy statements, especially trying to shame the Germans into supplying Ukraine with equipment.
 
Art exhibition in Martha's Vineyard today. (Borrowed from Sundance)

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Must be Martha's Vineyard.

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Trump is evil they said

He's a threat to the EU and the western world they said.

He thinks we are the enemy they said.

Putin is a good guy they said.

Russia is a good and stable country they said.

We will do well to build closer relations with Russia and get our energy there they said.


Germany seizes control of Rosneft oil refineries
Move escalates energy war between Moscow and west triggered by Russia’s invasion of Ukraine

Rosneft accounts for about 12% of Germany’s oil refining capacity, making it one of the country’s largest oil processing companies © Krisztian Bocsi/Bloomberg
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Guy Chazan in Berlin 9 HOURS AGO
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The German government has taken control of three refineries owned by Russian oil company Rosneft, in an escalation of the energy war between Moscow and the west triggered by Russia’s invasion of Ukraine.

Chancellor Olaf Scholz said his government had not taken the step lightly, but that “it was unavoidable”.

“We have known for a long time that Russia is no longer a reliable energy supplier,” he said on Friday. “That’s why it’s important to do everything we can now to safeguard Germany’s energy supply.”


The move is part of efforts by the government to protect the German economy from the effects of an EU-wide embargo on Russian crude, which comes into effect on January 1 and is designed to deprive Russian president Vladimir Putin of revenues to fund the Ukraine war.

The move secures the future of PCK, a refinery owned by Rosneft in the north-eastern German town of Schwedt, which was expected to be hard hit by the looming oil embargo.

PCK sits atop the Druzhba pipeline, which carries crude about 4,000km from central Russia directly to Schwedt. Efforts by authorities to secure alternative supplies of oil for the refinery had been complicated by the fact that Rosneft is its majority owner, controlling 54 per cent of its shares.

“This is a far-reaching decision on energy policy aimed at protecting our country,” Scholz said. “We are making ourselves more independent of Russia and the decisions that are made someplace over there.”

A statement issued by the German economy ministry on Friday said the government was placing Rosneft Deutschland GmbH and RN Refining & Marketing GmbH under the trusteeship of the Bundesnetzagentur (BNA), the country’s federal energy regulator.

That puts Rosneft’s stakes in three German refineries — PCK in Schwedt, MiRo in Karlsruhe and Bayernoil in the Bavarian town of Vohburg — under the BNA’s control. Rosneft accounts for about 12 per cent of Germany’s oil refining capacity, making it one of the largest oil processing companies in the country, the ministry said.


From left: Economy minister Robert Habeck, Chancellor Olaf Scholz and Brandenburg governor Dietmar Woidke at a press conference on Friday © Jens Schlueter/AFP/Getty Images
The move on Rosneft’s assets was seen as likely after Germany amended a key energy law in August allowing the government to place companies with “infrastructure critical to Germany’s security of supply” under temporary trusteeship. The law stipulated that as a last resort, the government could even expropriate such companies.


The decision to seize control of Rosneft’s assets mirrored a move in April, when the government placed Gazprom Germania, the German subsidiary of Kremlin-controlled gas exporter Gazprom, under BNA trusteeship. The assets of the company, which has now been renamed SEFE, include Germany’s largest gas storage facility, Rehden.

The move on Rosneft is the latest in a string of measures by the German government to deal with the chaos caused by Russia’s war in Ukraine, which has driven European gas and electricity prices to record levels.

Germany has accused the Kremlin of “weaponising” its energy exports to Europe by throttling the flow of gas through the Nord Stream 1 pipeline between Russia and Germany.

As gas supplies dwindled, Berlin moved to bail out Uniper, the country’s largest importer of Russian gas, which has been pushed to the brink of insolvency. Uniper said this week that the government could increase its stake in the company to more than 50 per cent.
 
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