In response to Russia's invasion of Ukraine, Italy disclosed that it will put its share of financing on hold for the Arctic LNG 2 project led by privately-owned Russian gas producer Novatek, Reuters reported quoti ...
Signaling its support for the Ukrainian people, ExxonMobil announced its decision to stop its operations in Russia and that it will not invest in any more new projects there.
TotalEnergies announced that it will not provide capital for any new projects in Russia.
Both Equinor and bp have announced their decisions to exit and halt work in Russia due to its invasion of Ukraine.
Oil prices surged as Brent reached $102.48 a barrel, highest since Sept 2014, on February 24th as Russia attacked Ukraine.
Japan announced that it will send some liquified natural gas (LNG) shipments to Europe based on the U.S. and the European Union requests.
Gazprom, Russia’s state-owned gas company, has pumped 40 billion cubic meters (bcm) via Ukraine’s transmission system in 2020.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed bilateral cooperation with Ukrainian diplomats in Cairo.
