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Category: Europe

Category:
  • Russia
  • Shipping

Russian Oil Disappears as Tankers Go Dark Near Azores

Russian oil cargoes are increasingly disappearing from view in the Atlantic Ocean as sanctions against the nation’s exports ratchet up. In the past 10 days, at least three tankers have Continue Reading

Posted On : 23 Jun 2022 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

Operations at Russia’s Novoshakhtinsky refinery suspended after two drone strikes

Strikes hit processing unit, crude tank farm Novoshakhtinsky had only recently resumed operations Ukraine invasion leading to significant infrastructure damage Operations at the Novoshakhtinsky refinery in Southern Russia have been Continue Reading

Posted On : 23 Jun 2022 Published By : Tom Whipple
Category:
  • Germany

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Germany triggered the “alarm stage” of its emergency gas plan on Thursday in response to falling Russian supplies but stopped short of allowing utilities to pass on soaring energy costs Continue Reading

Posted On : 23 Jun 2022 Published By : Tom Whipple
Category:
  • United Kingdom

UK government “fleshing out details” of oil, gas producer windfall tax

The British government is still “fleshing out details” of a special tax on North Sea oil and gas producers announced last month, energy minister Kwasi Kwarteng told a conference on Continue Reading

Posted On : 23 Jun 2022 Published By : Tom Whipple
Category:
  • Germany
  • Russia

As Russia cuts gas, German industry grapples with painful choices

 The German companies that drive Europe’s biggest economy are contemplating painful cuts to their output and resorting to polluting forms of energy previously considered unthinkable as they adjust to the Continue Reading

Posted On : 23 Jun 2022 Published By : Tom Whipple
Category:
  • Russia
  • Shipping
  • United Arab Emirates

Russian oil tankers get India safety cover via Dubai company

India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere Continue Reading

Posted On : 23 Jun 2022 Published By : Tom Whipple
Category:
  • EU
  • Ukraine

Ukraine takes tentative step towards EU membership

Ukraine will be accepted as a candidate to join the European Union on Thursday, a move that will boost the country’s morale as the battle with Russian troops for two Continue Reading

Posted On : 23 Jun 2022 Published By : Tom Whipple
Category:
  • EU
  • Japan

Japan asks EU to ‘avert impact’ of Russian shipping insurance ban on Sakhalin oil

Highlights METI requests exception for Sakhalin 1, 2 equity oil liftings No Japanese refiner imports Russian crude currently: PAJ chief Japan’s Ministry of Economy, Trade and Industry has requested the Continue Reading

Posted On : 22 Jun 2022 Published By : Tom Whipple
Category:
  • Germany

Germany risks recession as Russian gas crisis deepens

Germany faces certain recession if faltering Russian gas supplies stop completely, an industry body warned on Tuesday, and Italy said it would consider offering financial backing to help companies refill Continue Reading

Posted On : 22 Jun 2022 Published By : Tom Whipple
Category:
  • United Kingdom

UK Energy Price Cap Set to Peak at Over £3,000 in 2023

Goldman Has Raised European Gas Price Forecast UK energy prices are set to rise more than 50% from current levels, as natural gas supplies continue to face disruption following Russia’s Continue Reading

Posted On : 22 Jun 2022 Published By : Tom Whipple

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