OPEC’s new secretary general stated that Russia’s membership in OPEC+ is vital to the agreement’s success, according to Reuters report. Kuwait’s former OPEC governor, Al-Ghais, will chair his f...
Siemens Energy handed over Canadian documentation to Gazprom so that turbines for Nord Stream 1 could be transported, report Reuters referencing the Russian newspaper Kommersant. Following a 10-day maintenance shutdow...
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 attack on Ukraine. Nord S...
A major gas pipeline from Russia to Germany was turned off for annual maintenance on Monday, Reuters reported. According to operator data, Physical gas flows through the Nord Stream 1 pipeline from Russia to Germany p...
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, Reuters reported. Acco...
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, Reuters reported. Gazprom has cut supplies to DenmarkR...
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 when...
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. Russia may agree to compensate other produ...
Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij, both being subsidiaries of Shell plc, have announced the sale of Shell Neft LLC, Shell’s retail stations and lubricants business in Russ...
Equinor has decided to exit its joint ventures and has halted all of its investments in Russia, in addition to stopping the trade of Russian oil and gas products. The company also announced an impairment loss of $1.0...