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Russia
Joe Biden
Amid Global Energy Squeeze, Biden Looks to Iran but Not Israel
Russia's invasion of Ukraine has thrown the global energy market into a state of turmoil, forcing the U.S. and Europe to look for substitutes for Russian oil an…
Oil & Gas Supply
German Gas Supply Concerns Mount for Coming Winter
Germany, which relies heavily on Russian gas, has major concerns over securing supplies for next winter and is doing all it can to secure alternatives, Minister…
Natural Gas
Gas Prices Decline Around Nation Amid Falling Oil Prices
Gas prices have declined amid falling oil prices after climbing to new all-time record levels in New Jersey and around the nation in the wake of Russia’s invas…
Joe Biden
EU to Mull Russian Oil Embargo with Biden Set to Join Talks
EU governments will consider whether to impose an oil embargo on Russia over its invasion of Ukraine as they gather this week with Joe Biden for a series of sum…
Oil Price
Oil Climbs on Pressure From Ukraine Conflict, Tight Market
Oil prices jumped $2 on Monday as Ukrainian forces dug in against heavy Russian attacks, while major oil producers reported they are struggling to produce their…
Nuclear Power Plant
Belgium Delays Nuclear Energy Exit 10 Years Due to Ukraine War
Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, spooked by the huge rise in energy prices due to the Russian invasion of Ukraine.
LNG
Germany in Talks with Qatar on Long-Term Gas Supplies to Reduce Russian Dependence
Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become …
Australia
Australia Bans Alumina Exports to Russia, Sources Coal for Ukraine
Australia has imposed an immediate ban on exports of alumina and aluminum ores, including bauxite, to Russia.
Nuclear Reactor
Belgium's Plans to Scrap Nuclear Energy Delayed by 10 Years Because of Russia-Ukraine War
Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, worried by the rise in energy prices caused by the Russian intervention in Ukraine…
Oil & Gas Supply
Europe Can Survive Throughout Summer Without Russian Gas
If Russian flows continue, the European Union (EU) and the UK will end this winter’s heating season with 27 billion cubic meters (bcm) of gas in storage.
Crude Oil
Japan and Saudi Arabia to Work Toward Stabilizing Crude Oil Markets
Prime Minister Fumio Kishida and Saudi Arabia’s Crown Prince Mohammed bin Salman agreed Thursday to bolster cooperation on stabilizing global crude oil markets…
Crude Oil
Indian Purchase of Russian Oil not Violation of Sanctions: US
The White House has said that India would not be violating sanctions if it purchased discounted oil from Russia but doing so would put New Delhi on the wrong si…
Crude Oil
India Buys Russian Oil Despite Pressure for Sanctions
The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…
Oil Price
Oil Jumps as Russia-Ukraine Talks Stall
Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …
Crude Oil
Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%
Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…
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