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Russia
LNG
Germany to Move away From Russian Gas
Germany has released nearly EUR3 billion to acquire floating liquefied natural gas (LNG) import terminals, the Finance Ministry said on Friday, as it seeks to m…
Crude Oil
Russia’s Oil Industry Is Suffering as the West Shuns Its Crude
Russia’s economically critical oil industry is getting battered as Western buyers shun the country’s crude.
LNG
Germany Weighs Leasing Additional Floating LNG Terminal
Germany has signed contracts to lease three floating liquefied natural (LNG) gas terminals and is considering getting a fourth to more quickly reduce dependence…
Nuclear Power Plant
Why Europe Could Be Heading for a "Nuclear Renaissance" with Energy Prices at Record Highs
The conflict between Russia and Ukraine has sent gas and power prices soaring. Alex Rankine explains why Europe could be heading for a "nuclear renaissance".
Thermal Coal
Tough to Find Alternatives for Russian Thermal Coal, Says Japan Utilities Group Head
Alternatives for Russian thermal coal are difficult to find as the market is getting tighter, the head of a group representing Japanese utilities said on Friday…
Gas and Power Prices Continue to Soar Due to Ukraine Conflict
Sky-high wholesale gas prices in Europe reached record levels in the first quarter this year as a result of the conflict between Ukraine and Russia, according t…
Energy Transition
Ukraine ‘Could Become a Vital Supplier of Renewable Energy to Europe’
Ukraine geographically and climatically has a “huge potential” for the development of renewables, DTEK Executive Director has said.
Crude Oil
Major Oil Traders Cut Russian Crude Purchases Starting Next Month
Major crude trading houses are set to slash their purchases of Russian crude oil and crude products starting mid-May, anonymous Reuters sources said on Thursday…
Coal Trade
How Much Coal in Europe Comes From Russia?
The European Union announced last week that it would ban Russian coal, the latest escalation in sanctions as the war in Ukraine drags on.
Solar Power Panel
Bitcoin, Ether up; Crypto Miners Turn to Solar Power; EU Targets Russian Virtual Wallets — Crypto Moves
Bitcoin, the leading cryptocurrency internationally, traded higher on Sunday, up 0.64 percent to $42,782 as of 08:30 a.m. Riyadh time.
LNG
U.S. Gas Storage Emptied by Exports to Europe and Asia
U.S. gas prices have climbed to their highest level in more than a decade as strong demand from overseas has emptied storage and left inventories well below ave…
Nuclear Power Plant
European Renaissance for Nuclear Energy?
Could nuclear power help break Europe's dependency on Russian gas?
Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
Crude Oil
IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels
The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.
Coal Trade
Germany Will Need Full Transition Period to Ban Russian Coal
Germany will need to use the full four-month phase-out period to implement a ban on Russian coal under European Union sanctions, Chancellor Olaf Scholz said on …
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