Ukraine | Egypt Oil & Gas - Part 3
Equinor Affirms Its Compliance with Russian Oil Sanctions
In opposition to Russia’s invasion, Equinor has announced that it will not enter into any deals related to trading or transporting oil and oil products from Russia. This announcement came following the previous ...
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, according to Reuters. The Russian natural gas co...
Russian Deputy PM: Russia Working to Resolve Oil Sales Difficulties
The Russian Deputy Prime Minister Alexandar Novak revealed that though Russian companies have been facing difficulties securing financing for their April contracts to sell crude and oil products, the situation can be ...
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, the IEA’s Executive ...
Shell Intends to Withdraw from Russian Oil, Gas
Shell announced its plans for withdrawal from all Russian hydrocarbon business, including crude oil, petroleum products, gas, and liquefied natural gas (LNG) in “a phased manner aligned with new government guida...
US Bans Oil Imports from Russia
US President Joe Biden declared a ban on oil and other energy imports from Russia in retaliation for its invasion of Ukraine, Reuters reported. “We’re banning all imports of Russian oil and gas energy,” Bi...
Enel to Resume Plans for Building LNG Terminal in Italy
Italy’s Enel announced its readiness to complete its plan of building a liquefied natural gas (LNG) terminal in southern Italy as a part of the country’s intensive efforts to find an alternative to Russian natural gas...
U.S., Europe Consider Ban on Russian Oil Imports
The US and its European allies have entered into ongoing discussions to ban imports of Russian oil, Reuters reported in reference to a statement by US Secretary of State Antony Blinken. According to Reuters, the White...
