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Ukraine
Ukraine Impact on Energy Prices to Force UK Slowdown
Britain’s economic growth is expected to slow down as the Ukraine conflict raises the cost of energy and commodity prices.
LNG
EU Strikes Gas Deal with the U.S. as It Seeks to Cut Its Reliance on Russia
U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a joint task force to bolster energy security for Ukr…
Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
United States
US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban
US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …
LNG
Asian Gas Buyers Buzzle over Putin's Demand for Payment in Roubles
Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said "unfriendly" countries must pay for Russian gas in rouble…
Hydrogen Production
How Putin’s War Has “Turbocharged” Green Hydrogen, and Long Term Shift From Fossils
Two new reports from leading market analysts have singled out green hydrogen as a sector that stands to be “turbocharged” as a result of the Russia-Ukraine co…
Ukraine
Ukrainian Coalition Calls for Embargo on Russian Energy
Some of the biggest energy companies in Ukraine have urged Western companies to stop buying energy from Russia.
Nuclear Reactor
Belgium Pushes Nuclear Exit back a Decade due to Ukraine Crisis
Belgium has delayed its decision to cut nuclear energy by 10 years due to the rise in energy prices from the Russian invasion of Ukraine.
Nuclear Power Plant
Chernobyl Laboratory Which Processed Radioactive Waste Destroyed by Russian Troops
Chernobyl, the site of the world's worst nuclear disaster in 1986, is under the control of Russian soldiers who are said to have destroyed a £6million lab used…
Crude Oil
Japans' ENEOS Has No Plans to Sign Russian Crude Import Deals Following Invasion: Chairman
Japan's largest refiner ENEOS does not plan to sign any Russian crude oil import contracts following Russia's invasion of Ukraine, ENEOS Holdings Chairman Tsuto…
Oil Price
Oil Approaches $120 as EU Considers Ban on Russian Crude
Fitch Ratings says the outlook for the global economy has 'deteriorated significantly' as inflation rises and Russia’s invasion of Ukraine threatens global ene…
Crude Oil
Oil Advances as EU Debates Possible Ban on Russian Crude Imports
Oil climbed for a fourth day, heading for the best run in a month, on signs the European Union may be edging closer to a ban on Russian crude imports to punish …
Oil Price
Oil Jumps as EU Weighs Russian Embargo
Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a w…
Joe Biden
Amid Global Energy Squeeze, Biden Looks to Iran but Not Israel
Russia's invasion of Ukraine has thrown the global energy market into a state of turmoil, forcing the U.S. and Europe to look for substitutes for Russian oil an…
Oil Price
Oil Settles Volatile Week Below US$105
In the past week, the price of US crude oil, which briefly topped US$130 a barrel amid concerns that the conflict in Ukraine will squeeze energy markets, eased …
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