Ukraine | Egypt Oil & Gas - Part 2
Gazprom’s Natural Gas Supply to Europe Continues Despite Sanctions
Gazprom announced on Saturday that it is supplying natural gas to Europe via Ukraine in response to requests from European consumers, Reuters reported. Demand reached 78.3 million cubic meters (mcm) of gas on April 9,...
Shell to Write Off Up to $5B After Exiting Russia
Shell announced that it will write off up to $5 billion after announcing its decision to exit Russia, Reuters reported. This amount is more than previously disclosed, despite the fact that the increase in oil and gas ...
Lithuania Achieves Energy Independence From Russian Gas Supplies
Lithuania announced that it will not import Russian natural gas anymore to meet its domestic needs, Reuters report citing the country’s energy ministry. In doing so, Lithuania has become first the European count...
Slovakia Working Hard to Stop Its Energy Imports From Russia
Slovakia’s Economy Minister Richard Sulik said that his country is exerting a lot of effort into cutting its energy reliance on Russia, with increased liquefied natural gas (LNG) deliveries as an option, 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 withou...
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 ...
Germany, Norway Join Forces to Build Hydrogen Pipeline
Germany and Norway announced their intention to establish a hydrogen pipeline between the two sides as an alternative to Russian sources of energy, Bloomberg reported quoting a joint statement. The two countries agree...
