Russia does not expect to cut gas to more European customers
Russia said on Thursday it did not expect Gazprom (GAZP.MM) to cut gas supplies to any more European customers and said its scheme to make buyers pay for gas in Continue Reading
OECD: EU Ban On Russian Crude Is Causing A Significant Negative Economic Effect
Russia’s war in Ukraine is causing a significant negative effect on the global economy and is pushing inflation higher and for longer, Mathias Cormann, Secretary-General of the Organization for Economic Continue Reading
Germany Remains Firmly Anti-Nuclear Despite Energy Crisis
Germany’s government has no intention of changing its policies on nuclear energy even as worry about a halt to Russian gas supplies intensifies among politicians. Following calls from opposition parties Continue Reading
Equinor agrees to 15-year FOB deal to buy LNG supply from US exporter Cheniere
Highlights Deal covers 1.75 million mt/year of volumes High spot prices spurring long-term fixed-price deals Norway’s Equinor has agreed to a long-term FOB deal to buy 1.75 million mt/year of Continue Reading
Russian gas deliveries to Europe via main routes remain steady
Russian gas delivery to Europe via the Nord Stream 1 pipeline across the Baltic Sea and through Ukraine remained stable on Friday morning, while eastbound flows rose along the Yamal-Europe Continue Reading
Russia’s energy revenue higher now than just before Ukraine war, U.S. official says
Russia may be getting more revenue from its fossil fuels now than shortly before its invasion of Ukraine, as global price increases offset the impact of Western efforts to restrict Continue Reading
Putin: Russia Won’t Shut Down Oil Wells
Some analysts have predicted that Western sanctions on Russia, combined with the EU’s embargo on Russian crude oil and tanker insurance, would lead to the inevitable shut down of Russian Continue Reading
EXCLUSIVE Russia has no extra oil to sign deals with two Indian buyers – sources
Russia’s Rosneft (ROSN.MM) is holding back on signing new crude oil deals with two Indian state refiners, three sources with knowledge of the matter said, as it has committed sales Continue Reading
Ukraine eyes billions in euros from Europe electricity exports
Ukraine hopes to make 1.5 billion euros from electricity exports to the European Union by the end of the year and earn to more in the future after obtaining the Continue Reading
EU lawmakers back ban on new fossil-fuel cars from 2035
European Parliament lawmakers on Wednesday voted to support an effective EU ban on the sale of new petrol and diesel cars from 2035, rejecting attempts to weaken the proposal to Continue Reading