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Russia
Electric Vehicle Charging
Tesla Opens Free Supercharging for all EVs in Areas Affected by Ukraine Invasion
Tesla has opened its Superchargers – for free charging – to all makes of electric cars in parts of Europe affected by the Russian invasion of Ukraine.
LNG
Germany Plans to Become Independent from Russian Oil
Spurred by its growing domestic demand for electricity parallel to its increasing population and rapid urbanization, imports of liquefied natural gas (LNG) by C…
Russian Federation
Putin Puts Nuclear Deterrent on Alert; West Squeezes Russian Economy
President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which sai…
Oil & Gas Trade
BP to Exit its 20% Stake in Russian Oil Giant Rosneft
BP Plc will exit its shareholding in Russia’s largest oil company Rosneft PJSC, potentially taking a financial hit of as much as $25 billion.
Crude Oil
Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise
Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of U…
Oil & Gas Supply
Algeria Say Ready to Supply EU with Extra Gas Amid Ukraine Crisis
Algeria’s state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.
Natural Gas
Metro Vancouver Gas Prices Set Another Record
Gas prices hit another record high in Metro Vancouver on Saturday, a development analysts have attributed to the sanctions placed on Russia in retaliation for i…
Natural Gas
Germany Plan to Construct Two Liquefied Natural Gas Terminals
Germany will construct two liquefied natural gas (LNG) terminals, German Chancellor Olaf Scholz said on Sunday, pledging to do more to protect Germany’s energy…
LNG
U.S. Gas Advances as Russia Sanctions May Boost Demand for LNG
U.S. natural gas futures advanced on the prospect of higher overseas demand after Western nations imposed tighter sanctions to isolate Russia, one of the world…
Nord Stream 2
Germany's E.ON Rejects Halting Nord Stream 1 Pipeline
E.ON, Europe's largest operator of energy networks, rejected demands to shut down the Nord Stream 1 gas pipeline as part of sanctions against Russia for invadin…
Crude Oil
India may Draw on Oil Reserves to Soften Prices as Ukraine's Invasion Disrupts Global Supplies
India may tap its emergency oil stockpile to cool off prices that have surged on concerns that Russia's invasion of Ukraine will disrupt global supplies.
Thermal Plant
Thermal Coal Price Hit All-Time High as Europe Scrambles for Fuel
Australian thermal coal price hit an all-time high following Russia’s invasion of Ukraine.
LNG
Nuclear, Coal, LNG: ‘No Taboos’ in Germany’s Energy About-Face
Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut depende…
Oil Price
Oil Surges on Russia Nuclear Alert as Sanctions Intensify
Oil prices jumped more than $7 in early trade on Monday after Russian President Vladimir Putin put the country's nuclear deterrent on high alert in the face of …
Oil Price
Oil Prices to Remain Volatile as Russia-Ukraine Crisis Intensifies
Oil prices receded to below $100 a barrel at the end of trading on Friday after breaching the psychological level to reach prices not seen since 2014.
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