Germany Takes Control , of Russian-Owned , Rosneft Refinery.<br />On September 16, Germany took control <br />of a major Russian-owned oil refinery, <br />raising concerns of retaliation from Moscow. .<br />Reuters reports that Berlin is looking to shore up <br />energy supplies and reach its European Union goal <br />of eliminating Russian oil imports by the end of 2022.<br />Reuters reports that Berlin is looking to shore up <br />energy supplies and reach its European Union goal <br />of eliminating Russian oil imports by the end of 2022.<br />According to Germany's economy minister, <br />a unit of Russian oil firm Rosneft will be put <br />under the trusteeship of the industry regulator.<br />According to Germany's economy minister, <br />a unit of Russian oil firm Rosneft will be put <br />under the trusteeship of the industry regulator.<br />Rosneft's Schwedt refinery, which supplies 90% <br />of Berlin's fuel, will be taken over by Germany.<br />This is a far-reaching energy policy <br />decision to protect our country, Olaf Scholz, German Chancellor, via Reuters.<br />According to Chancellor Olaf Scholz, the Schwedt <br />refinery would be placed under the control <br />of the Federal Network Agency regulator.<br />Russia, we have known for some <br />time, is no longer a reliable energy <br />supplier. We did not take this decision <br />lightly, but it was unavoidable, Olaf Scholz, German Chancellor, via Reuters.<br />Reuters reports that EU nations have <br />been racing to prop up their power <br />providers and secure fuel deliveries.<br />Moscow has retaliated for far-reaching sanctions by reducing gas flows and has threatened to shut off all access.<br />The actions by Russia have sent the price <br />of gas soaring and raised the prospect of <br />energy rationing throughout Europe this winter.<br />The actions by Russia have sent the price <br />of gas soaring and raised the prospect of <br />energy rationing throughout Europe this winter.<br />Europe has been grappling with threats from Russia to halt <br />the flow of gas through the Nord Stream 1 pipeline, which supplies <br />most of the gas that powers Europe's biggest economy.<br />Europe has been grappling with threats from Russia to halt <br />the flow of gas through the Nord Stream 1 pipeline, which supplies <br />most of the gas that powers Europe's biggest economy
