Russia | Egypt Oil & Gas - Part 10
Macron Denies Russian Demand to Pay for Russian Gas in Roubles
French President Emmanuel Macron stated there are no reasons to give in to President Vladimir Putin’s demands to pay for Russian gas in roubles, Reuters reported. “All the texts that have been signed are clear. This i...
ExxonMobil Intensely Working Through Options for Exiting Russian Venture
ExxonMobil is currently working through options on how to proceed to withdraw from its Russian venture, the company’s Senior Vice President Neil Chapman told Reuters. “We are working through these options now, aggress...
Chevron Examines State of Black Sea Export Terminal in Russia
US oil giant Chevron stated that it is currently in the process of assessing the state of a Black Sea port’s export terminal after Russia said that it may have faced storm damage, according to Reuters. However, Chevr...
Italy to Install Two FSRUs to Boost LNG Imports
Italian Minister of Energy Transition Roberto Cingolani announced that his country intends to install two floating storage and regasification units (FSRU) seeking to increase liquefied natural gas (LNG) imports withou...
Eneos Halts Russian Crude Purchases
Eneos Chairman Tsutomu Sugimori announced that his company has halted purchasing Russian crude oil after the invasion of Ukraine, Reuters reported. However, Sugimori elaborated that Eneos will keep contracts that were...
Gazprom Still Meets Natural Gas Requests in Europe
The Russian company Gazprom disclosed that it continues to supply natural gas to Europe via Ukraine, according to Reuters. The company elaborated that this supply is based on requests from European consumers. It noted...
Baker Hughes Suspends New Investments in Russia
Baker Hughes has announced that it has halted its new investments for its operations in Russia due to its invasion of Ukraine. This decision came in line with its commitment to the applicable laws and sanctions as it ...
Neptune to Contribute $2M in Aid for Ukrainian People
Neptune Energy has announced its $2 million contribution to support humanitarian efforts in Ukraine. The International Committee of the Red Cross and the International Rescue Committee will equally share the donation ...
