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.
Ukraine | Egypt Oil & Gas - Part 3
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 ...
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.
Shell Intends to Withdraw from Russian Oil, Gas
Shell announced that it intends to withdraw from its all-hydrocarbons business in Russia including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner aligned with new government ...
US Bans Oil Imports from Russia
US President Joe Biden declared banning oil and other sources of energy imports from Russia in retaliation for the Russian invasion of Ukraine.
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 country’s intensive efforts to find alternative supplies of natural gas i ...
U.S., Europe Consider Ban on Russian Oil Imports
The U. S. and European allies has entered into ongoing discussions to ban imports of Russian oil.
Germany to Build LNG Terminal to Cut Reliance on Russian Gas
Germany has signed an momorandum of understanding (MoU) with the country’s top power producer RWE and Dutch network operator Gasunie to build the terminal in the port town of Brunsbuettel.
Shell to Dedicate Profits from Russian Oil Trade to Fund Ukraine Humanitarian Aid
Shell company announced that it will put profits from any Russian oil it purchases into funding humanitarian aids to Ukraine.
Wintershall Dea Writes Off Nord Stream 2 Financing
Responding to Russian attack to Ukraine, Wintershall Dea announced that its AG’s Management Board decided to stop advancing or developing new oil and gas projects in Russia and to stop financing Nord stream 2 with ...
