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Month: May 2022

Category:
  • LNG
  • Ukraine

Access to LNG terminals important for Ukraine to meet gas needs, transit operator says

 Access to liquefied natural gas (LNG) terminals is important for Ukraine to help meet its energy needs, the head of Ukraine’s gas transit operator said on Monday. Sergiy Makogon, Director Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Germany
  • Oman

EXCLUSIVE Germany, Qatar at odds over terms in talks on LNG supply deal -sources

 Germany and Qatar have hit difficulties in talks over long-term liquefied natural gas (LNG) supply deals amid differences over key conditions, including the duration of any contract, three people familiar Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Ukraine

Ukraine’s Economy to Shrink 30% This Year Due to War, EBRD Says

Ukraine ’s economy will plunge by almost a third in 2022, more than previously expected, in a scenario in which the war ends this year, the European Bank for Reconstruction Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia
  • Shipping

EU drops plans to ban shipping of Russian crude in face of opposition

Brussels has shelved its plans to ban the EU shipping industry from carrying Russian crude as it struggles to push through its latest sanctions package because of anxiety among some Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Russia

The Inevitable Decline Of Russia’s Oil Industry

As the European Union prepares to place an embargo of some sort on Russian oil imports, Russia will be unable to redirect most of that oil elsewhere. Pivoting to Asia Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Russia

Novak: Russia’s Crude Production Up In May

Russia’s crude oil production is on the rise so far in May, Deputy Prime Minister Alexander Novak told TASS news agency on Monday. Russia’s crude oil production slipped by half Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Hydrogen

European electrolyzer manufacturers commit to boosting capacity tenfold by 2025

European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

Russia-Ukraine: Putin Defends His War

President Vladimir V. Putin used his Victory Day speech on Monday to try to channel Russian pride in defeating Nazi Germany into support for this year’s invasion of Ukraine. But Continue Reading

Posted On : 9 May 2022 Published By : Tom Whipple
Category:
  • Prices

Oil falls on China demand worries, possible EU ban on Russia oil eyed

EU to continue talks on Russian oil embargo plan this week Bulgaria says it will veto Russia ban if no ‘derogation’ G7 nations committed to ban or phase out Russian Continue Reading

Posted On : 9 May 2022 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures ease as Saudi cuts OSPs; Russian oil ban face hurdles

Crude oil futures were lower in mid-morning Asian trade May 9, easing from three-week highs, as cuts to Saudi Arabia’s latest official selling prices as well as hurdles in implementing Continue Reading

Posted On : 9 May 2022 Published By : Tom Whipple

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