Nord Stream 2 eyes way to curb EU oversight of $9.5bn pipeline
The group building the Nord Stream 2 pipeline to import Russian gas into Germany is exploring plans to hive off its last 50km into a separate company, a move that Continue Reading
Russian Oil Firms Ready To Cut Production
At an energy ministry meeting earlier this month, Russia’s oil majors confirmed that they would be sticking to the production cuts that Russia had pledged in the OPEC+ deal, Vagit Continue Reading
No-deal Brexit risks rise for commodity markets
The risk of a no-deal British exit from the EU increased Tuesday following the defeat of Prime Minister Theresa May’s proposed Brexit deal in parliament, boosting the potential impact on Continue Reading
Volkswagen Group now planning 22M EVs in ten years; 70 new electric models by 2028
The Volkswagen Group is now planning to launch almost 70 new electric models in the next ten years instead of the 50 previously planned. As a result, the projected number Continue Reading
Shell aims to become world’s largest electricity company
Royal Dutch Shell, one of the world’s biggest oil and gas groups, is aiming to become the largest electricity company by the 2030s, as it prepares for a fundamental shift Continue Reading
CERAWeek: Lukoil to release new natural gas strategy this autumn
Russia’s Lukoil is updating its natural gas strategy, which it plans to present this autumn, the company’s CEO Vagit Alekperov said Monday. Receive daily email alerts, subscriber notes & personalize Continue Reading
Fracking Could Help UK Eliminate Gas Imports By 2030s
If the UK were to roll out fracking at its shale gas reserves, it could nearly eliminate its net gas imports by the early 2030s, industry group United Kingdom Onshore Continue Reading
Russia’s Next Oil Boom Is Happening In The Arctic
One of the major challenges of the 21 st century is without doubt climate change. For most countries, global warming poses a serious threat. Russia, however, has identified opportunities when Continue Reading
CERAWeek: Equinor sees need for greater cooperation in oil, gas industry to fight climate change: Saetre
Norway’s state-led energy company Equinor sees the need for significant cooperation from the oil and gas industry to fight climate change, and lead the transition away from fossil fuels, the Continue Reading
French government working on ‘more ambitious’ energy and climate bill
A draft energy and climate law due to be presented to French cabinet ministers on Monday has been postponed so that it can be reworked with more ambitious environmental goals, Continue Reading