Russia

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…

Oil Shale

US Shale Still Finding Footing amid Market Chaos

US shale players are not eager to significantly increase oil and natural gas production despite growing calls from the political set to boost supply in response…

Coal Price

Coal Prices Rise to Record Levels on Russia Supply Fears.

Coal buyers are trying to lock up supplies amid fears that Russia could respond to sanctions by cutting off exports.

Hydrogen Production

Has Russia Thwarted Its Hydrogen Future?

The hydrogen economy goes well beyond the production and export of low carbon hydrogen to encompass technology covering the entire hydrogen value chain — an ar…

Natural Gas

Lukoil Strikes Gas at a Caspian Structure, but Major Oil Prospect Proves to be a Mirage

Russian producer was hoping for a much-needed boost in oil reserves within large licence block in Russian sector of the Caspian Sea

Natural Gas

Average US Gas Price Rises 22% in Two Weeks to Record $4.43

The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon (3.8 liters) as Russia…

EU

EU Will Need Five Years to Ditch Russian Energy

Europe plans to phase out its dependency on Russian oil, gas and coal by 2027.

LNG

Japan Eyes LNG Investments to Cut Dependence on Russian Energy

Japan aims to reduce its dependency on Russian energy supply by taking steps.

Crude Oil

As West Shuns Moscow, Officials Say India Eyes More Cheap Russian Oil

India may take up a Russian offer to buy crude oil and other commodities at a discount.

United Kingdom

UK Prime Minister Johnson to Visit Saudi Arabia for Oil and Gas Talks

Boris Johnson will meet Crown Prince Mohammed bin Salman on Tuesday in a bid to have oil and gas production boosted.

EV Market

Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric

Australian petrol prices are rising as Russia’s invasion of Ukraine pushes up global oil prices. It’s likely motorists will be paying more than $2.15 a litre …

Russian Federation

Norway's Equinor Confirms Trading Halt in Russian Oil

Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of …

Crude Oil

Japan to Call on Middle East Oil Producers to Raise Output

Japan will ask oil producing countries in the Middle East to ramp up production in the face of surging prices triggered by Russia’s invasion of Ukraine, Prime …

OPEC

Russia-Ukraine War: Develop Gas Infrastructure to Increase Export to Europe

The Lagos Chamber of Commerce and Industry (LCCI) has asked the federal government to improve Nigeria’s gas infrastructure.