Saudi Arabia’s Kingdom Holding Pumps Investments into Russian Energy Giants
Saudi Arabia's Kingdom Holding invested in Russian energy groups Gazprom, Rosneft and Lukoil, Reuters reported.
Russia | Egypt Oil & Gas - Part 5
Japan to Maintain Its Stake in Sakhalin-1 Oil Project
After Russia temporarily banned Western investors from selling shares in key energy projects, Japan's minister for economy, trade and industry Koichi Hagiuda stated that the country intends to keep a stake in the ...
Siemens Energy Issues a Net Loss Warning due to Russia Restructuring
Siemens Energy, a company that provides equipment to the power sector, issued a warning that its net loss in 2022 would be greater than originally anticipated, based on a charge of about 200 million euros related ...
G7 May Restrict Russian Oil Shipments
If Moscow doesn't heed a price cap, the wealthy nations of the Group of Seven (G7) are considering, among other things, restricting the shipping of Russian oil to deprive Moscow of bumper revenues during its invas ...
OPEC Secretary General Says Russia’s Membership in OPEC+ Crucial
OPEC's new secretary general stated that Russia's membership in OPEC+ is vital to the agreement's success, Kuwait's Alrai newspaper reported on Sunday.
Gazprom Receives Documentation for Transport of Nord Stream 1 Turbine from Siemens Energy
Siemens Energy handed over Canadian documentation to Gazprom so that turbines for Nord Stream 1 could be transported, The Russian newspaper Kommersant reported .
Russia Resumes Nord Stream 1 Gas Pipeline Flows to Europe
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.
Eni Reports Fourth Consecutive Daily Shortfall of Russian Gas
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 Does Not Expect More Gas Cuts to European Customers
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.
