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.
Russia | Egypt Oil & Gas - Part 8
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 Russian claims that it may have faced storm damage, according to Reuters.
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 wi ...
Eneos Halts Russian Crude Purchases
Eneos Chairman Tsutomu Sugimori announced that his company has halted purchasing Russian crude oil after the invasion of Ukraine.
Gazprom Still Meets Natural Gas Requests in Europe
The Russian company Gazprom disclosed that it continues to supply natural gas to Europe via Ukraine,
Baker Hughes Suspends New Investments in Russia
Baker Hughes has announced that it has halted its new investments in Russia due to its invasion of Ukraine.
Neptune to Contribute $2M in Aid for Ukrainian People
Neptune Energy has announced that it will offer $2 million as donations to support humanitarian efforts to aid the people of Ukraine.
Equinor Affirms Its Compliance with Russian Oil Sanctions
Continuing its deny to the Russian invasion, Equinor has announced that it will not enter into any deals related to trading or transporting oil and oil products from Russia.
Russia’s Pipeline Gas Flow into Europe Remains Steady
Pipeline operator data revealed that the Russian gas flow continues pumping Russian natural gas into Germany via Nord Stream 1 and Poland and into Slovakia via Ukraine.
IEA to Set Strategy for Reducing Oil Usage While Prices Soar
The International Energy Agency (IEA) disclosed that it might release more oil from stocks to reduce its current high prices noting that it will set a plan to reduce oil usage as soon as possible.
