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Russia
EU
EU Can Tap Geothermal Potential to Cut Russian Gas - EGEC
EGEC has calculated that the EU can reduce its use of Russian gas by 3 billion cubic metres (bcm) this year with the help of geothermal district heating and coo…
LNG
Norway’s Equinor Ramping up Gas Output to Help Meet Europe’s Demand
Norway’s state player Equinor and the country’s government have worked out a plan to maintain high gas exports to Europe and meet the demand amid supply conce…
Oil Price
Oil Market Heads for ‘Biggest Supply Crisis in Decades’ with Russia’s Exports Set to Fall, IEA Says
Three million barrels per day of Russian oil output is at risk beginning in April as sanctions hit and buyers shun the nation’s exports, IEA said Wednesday.
LNG
Biden Administration Approves More LNG Exports to Europe
The Biden administration said on Wednesday it had authorized additional exports of liquefied natural gas from two major facilities on the U.S. Gulf Coast.
Crude Oil
Brazil Assures US it will Increase Oil Production
The Brazilian government on Monday (Mar 14) assured the United States it will increase its oil production, a decision that could help ease concerns over global …
Natural Gas
US Gas Exports Can ‘Easily’ Replace Russian
The global energy market has been suddenly upended by Russia’s invasion of Ukraine, but one energy boss says the US could step in and help shore up global supp…
Crude Oil
BP may Take $25 Billion Hit from Divestment from Russian Oil Company
BP expects to lose up to $25 billion, more than a fourth of its market capitalization, after divesting from its 19.75% stake in the Rosneft oil company in Russi…
Ukraine
Russia Could Destroy Nearly Half of Ukraine’s Renewables, Worth Nearly $6B
Almost half of Ukraine’s renewable energy facilities, which have a combined capacity of almost 4 gigawatts (GW) and worth of more than $5.6 billion, are in the…
Crude Oil
Will India Buy Discounted Russian Oil?
While many countries have already sanctioned Russian oil and gas, India is reportedly considering buying crude oil from Russia at a discount.
Nuclear Power Plant
Powering Ukraine’s Zaporizhzhia Nuclear Plant Is Still a Problem
It's in the same country as Chernobyl, but its difficulties post-Russian invasion recall another cautionary tale.
Crude Oil
Norway’s Equinor Not Entering Any New Trades for Russian Oil
Following the beginning of the process to exit its projects in Russia, Norwegian state-owned oil and gas player Equinor has now also decided to stop trading in …
Oil & Gas Trade
India Taking up Russian Discounted Oil Offer Will Not Be US Sanctions Violation, Says White House
India taking up Russia's offer of discounted crude oil would not be a violation of American sanctions, the White House has said.
Emissions Trading System
Russia-Ukraine Crisis: Reforming the EU ETS Is a Matter of Energy Security, Says PGE
European leaders are now rushing to make decisions on how to drastically cut dependence on Russian fossil energy imports.
Hydrogen Project
EU Plunges into Green Hydrogen and Renewables Plans as it Sidesteps Russian Gas
Commission says the RePowerEU plan will achieve independence from Russian energy before 2030.
Hydrogen Fuel Cell
Green Hydrogen Fuel to Become Competitive Due to War in Ukraine
Bloomberg New Energy Finance (BNEF) recently released a report titled “Ukraine War Makes Green Hydrogen Competitive”, examining the impact of the Russian inva…
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