After a 10-day outage, Russia resumed pumping gas through its biggest pipeline to Germany on Thursday, easing Europe's supply concerns amid an economic dispute with the Kremlin over its invasion of Ukraine.
In a statement, Eni said that Gazprom had informed them it that it would deliver similar gas supplies on Saturday to those it sent in recent days indicating a fourth consecutive daily shortfall.
Russia said its gas sales to Europe were not going to be interrupted by Gazprom and said its plan to make gas customers pay in roubles was working as planned.
Eni and Repsol could begin shipping Venezuelan oil to Europe as soon as next month to replace Russian crude, five people familiar with the matter say, resuming oil-for-debt swaps that were suspended two years ago ...
OPEC+ is trying to make up for the economic fallout of plummeting Russian oil production due to Western sanctions against Moscow over Ukraine, according to two OPEC+ sources.
It has been announced that Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij, both subsidiaries of Shell plc, have sold Shell Neft LLC, Shell's retail stations and lubricants business in Ru ...
Equinor has stopped investing in Russia, stopped trading oil and gas products from Russia, and announced an impairment loss of USD 1.08 billion as of 31 March 2022.
The European Commission presented a EUR 210 billion plan for Europe to end its reliance on Russian fossil fuels by 2027, using the pivot away from Moscow to accelerate its transition to green energy, Reuters repor ...
Ukraine's gas pipeline operator reported on Wednesday that no Russian gas transit nominations were received at the Sokhranovka entry point for May 11, following Kyiv's warning that this route could be shut down.
