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Russia
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.
Oil Price
Oil Expected to Stay Above $100 Amid Russia-Ukraine Crisis and Demand Push
The upside will remain limited above the $130 per barrel mark, while the $100 per barrel will be an important support to watch.
Oil&Gas Drilling
Shale Drilling Climbs Most in Month as Biden Calls for More Oil
Shale explorers returned to growth mode this week, adding the most rigs in a month as the Biden administration calls on them to unleash more crude to offset a b…
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