Highlights The jump beats the December increase on a percentage basis Discussions over additional US supplies accelerate The Northwest Europe delivered LNG price surged 29% Feb. 24, posting it’s the Continue Reading
This brings an immediate threat to Europe. As the Russia-Ukraine crisis unfolds, the massive gas imports route via Ukrainian trunk pipelines may stop at any point. That’s according to GlobalData’s Continue Reading
China is ready to throw Russia an economic lifeline as Vladimir Putin’s ties with the west deteriorate and Moscow is hit by snowballing sanctions over the crisis in Ukraine. Putin Continue Reading
Highlights Railway issues delay coal delivery from Russia Banks warn against coal trade with Russia: traders Ships warned against going to Suek port: traders Some buyers in China have been Continue Reading
Urals, CPC Blend for March, April deliveries to Asia unaffected SK Innovation keeps close watch on Black Sea ports, logistics US, Southeast Asian crudes could replace CPC Blend, ESPO, Sokol Continue Reading
Austrian oil and gas company OMV (OMVV.VI) is receiving normal gas deliveries from Russia, it said on Thursday. “All contractually agreed quantities are being delivered,” a company spokesperson said in Continue Reading
Germany can guarantee the security of supply even without Russian gas or oil, Economy Minister Robert Habeck said on Thursday. “We will have to buy more gas, but also coal Continue Reading
New gas contracts with Russia are inconceivable, the chair of Germany’s foreign affairs committee told broadcaster RTL/ntv on Thursday after Russian forces launched an invasion of Ukraine. Michael Roth, a Continue Reading
Russian gas exports via Ukraine have continued as normal and are in line with requests from consumers, Russian energy giant Gazprom said on Thursday. The company said the requests have been Continue Reading
President Joe Biden on Tuesday rolled out the first of what the U.S. says could be an ever-fiercer, ever-broader cascade of financial sanctions and penalties over Russia’s moves against Ukraine. Continue Reading
