Poland terminates gas deal with Russia over ruble dispute
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Canada in talks with Repsol and Pieridae to boost gas exports to Europe
Repsol is planning to build an LNG facility in New Brunswick while Pieridae proposed to build an LNG facility…
Uniper to build LNG terminal in Germany to diversify gas supply sources
The German energy major will invest approximately $68.5m to build and operate the country’s first LNG terminal.
EU considers ban on Russian oil by year-end
The EU’s proposed measure would target Russian and Belarusian banks, Russian oil, as well as additional individuals and companies.
India calls on state firms to consider acquiring stakes in Russian assets
The state-run energy companies may buy stakes in Russia’s Rosneft from European oil major BP.
TotalEnergies takes $4.1bn impairment charge in Q1 related to Russia
For the first quarter, the firm’s adjusted net income was $9bn, and revenues from sales stood at $63.94bn.
Exxon announces force majeure for Russian offshore project
The project partners are facing difficulty in chartering vessels to ship crude oil from the Sakhalin-1 offshore project.
Four European companies make gas payments to Russia in ruble
Ten undisclosed European companies have opened accounts with Russia’s Gazprombank to make payments in rubles.
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Italy considers temporary nationalisation of Lukoil-owned refinery
The ISAB refinery nationalisation is one of the options being considered by Italy if sanctions are imposed on Russian…
Russia to halt natural gas supply to Poland and Bulgaria
The suspension of the gas supplies comes as the two countries refused to make payments to Russia in rubles.
Russia strikes Kremenchuk oil refinery in Ukraine
The refinery, which supported Ukranian troops deployed near the city of Mykolaiv, processed 3.2 million tonnes of oil in…
Netherlands looking to end dependence on Russian oil and gas by year-end
The country plans to spend approximately $675m on incentives to help fill the Bergermeer gas storage facility.
Chinese firms in talks to buy Shell’s stake in Russian gas export project
CNOOC, CNPC, and Sinopec are considering jointly purchasing Shell’s stake in the Sakhalin-2 LNG venture.
Exxon aiming to complete Russia withdrawal by 24 June
The US energy giant has already started staff departures from its large oil and gas production operations on Sakhalin…
Shell starts staff withdrawal process from Russian projects
The firm is withdrawing dozens of employees on temporary assignment from its JVs with Russia’s Gazprom.
The true cost of the energy crisis: where will Britain turn to?
As the dust begins to settle on the impacts of sanctions against Russia, we look at what the UK’s…
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Italy to increase gas imports from Angola to reduce reliance on Russia
The two countries also agreed to develop new activities in the natural gas sector and implement joint projects involving…
Denmark to increase gas production in North Sea to cut Russian supply
The country, however, is committed to ending the production of oil and natural gas by 2050.
Russia considers construction of oil storage facilities
The storage facilities are expected to have a capacity of more than 700 million barrels.
Gazprom continues natural gas shipments to Europe
For 17 April, natural gas requests from the customers totalled 57 million cubic metres.
China’s CNOOC plans to exit Canada, UK, and US due to sanctions concern
CNOOC’s assets in these countries produced approximately 220,000 barrels of oil equivalent per day (boepd) in 2021.