Ukraine | Egypt Oil & Gas - Part 2

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.

Lithuania Achieves Energy Independence From Russian Gas Supplies 

Lithuania announced that it will not import the Russian gas any more to meet its domestic needs.

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 r ...

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 ...

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.

Germany, Norway Join Forces to Build Hydrogen Pipeline

Germany and Norway announced their intend to establish a hydrogen pipeline between the two sides to substitute Russian sources of energy.

US Gives Green Light to Increase LNG Supply to Europe 

The American government announced that it had approved to provide additional exports of liquefied natural gas (LNG) from two major facilities on the U.S. Gulf Coast to Europe, Reuters reported. 

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.

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