Equinor withdraws from Russian joint ventures

The energy major will temporarily suspend operations of its lubricants plant and filling stations across Russia.
Repsol is planning to build an LNG facility in New Brunswick while Pieridae proposed to build an LNG facility…
The German energy major will invest approximately $68.5m to build and operate the country’s first LNG terminal.
The EU’s proposed measure would target Russian and Belarusian banks, Russian oil, as well as additional individuals and companies.
The state-run energy companies may buy stakes in Russia’s Rosneft from European oil major BP.
For the first quarter, the firm’s adjusted net income was $9bn, and revenues from sales stood at $63.94bn.
The project partners are facing difficulty in chartering vessels to ship crude oil from the Sakhalin-1 offshore project.
Ten undisclosed European companies have opened accounts with Russia’s Gazprombank to make payments in rubles.
ByThe ISAB refinery nationalisation is one of the options being considered by Italy if sanctions are imposed on Russian…
The suspension of the gas supplies comes as the two countries refused to make payments to Russia in rubles.
The refinery, which supported Ukranian troops deployed near the city of Mykolaiv, processed 3.2 million tonnes of oil in…
The country plans to spend approximately $675m on incentives to help fill the Bergermeer gas storage facility.
CNOOC, CNPC, and Sinopec are considering jointly purchasing Shell’s stake in the Sakhalin-2 LNG venture.
The US energy giant has already started staff departures from its large oil and gas production operations on Sakhalin…
The firm is withdrawing dozens of employees on temporary assignment from its JVs with Russia’s Gazprom.
As the dust begins to settle on the impacts of sanctions against Russia, we look at what the UK’s…
ByThe two countries also agreed to develop new activities in the natural gas sector and implement joint projects involving…
The country, however, is committed to ending the production of oil and natural gas by 2050.
The storage facilities are expected to have a capacity of more than 700 million barrels.
For 17 April, natural gas requests from the customers totalled 57 million cubic metres.