Russian

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

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…

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.

Natural Gas

Germany Halts Gas Pipeline, Predicts Russia Will Lose Other Energy Customers over Ukraine

Germany’s vice chancellor said Thursday that Russia’s attack on Ukraine is “completely illogical” and will backfire, causing western nations to stop buying …

LNG

Germany to Create Strategic Coal and Gas Reserves

As Russia launched its attack on Ukraine, Europeans relived scenes from another time. Germany will now enact laws to ensure strategic energy reserves to cut dow…

Nord Stream 2

Russia-Ukraine Crisis: Germany Suspends Nord Stream 2

German Chancellor Olaf Scholz has suspended the certification of Nord Stream 2, the gas pipeline for importing gas from Russia, already built and waiting for ap…

Crude Oil

Russian Crude Trades at Record Low Versus Brent on Sanctions Fears

Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept…

Nuclear Reactor

Nuclear Operator Energoatom Holds Crisis Meeting, Says Plants ‘Operating Normally’

Ukraine’s State nuclear operator Energoatom has held a meeting of its crisis centre following Russian military action on Friday and said a number of cyberattac…

Nuclear Fuel

Vattenfall Suspends Nuclear Fuel Deliveries From Russia

Swedish state-owned utility Vattenfall AB will cease taking any deliveries of nuclear fuel from Russia for its nuclear power plants following Russia’s invasion…

Oil Price

Russia-Ukraine Crisis Highlights Need for 'Energy Independence' in PH

The conflict between Ukraine and Russia, which has a direct impact on global oil prices, highlighted the importance of developing more energy sources in the cou…

Natural Gas

Why Europe Is So Dependent on Russia for Natural Gas

Europeans have been suffering under painfully high energy prices in the lead-up to Russia launching an attack on Ukraine on Thursday morning.