Ukraine

Crude Oil

Ukraine Crisis: Why India Is Buying More Russian Oil

Russia is seeking new markets for its oil exports as Western sanctions tighten - and India has been taking advantage of discounted prices to ramp up imports fro…

OPEC

Russia Will ‘Always’ Be a Part of OPEC+, UAE Energy Minister Says

The United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun …

Will Turning down Europe’s Thermostats Ease the Gas Supply Crisis?

To counter the extremely high gas prices caused by the Russia-Ukraine crisis the IEA has proposed turning thermostats down in households to use less gas.

Crude Oil

U.S. Oil Exports Surge, Drawing Crude away From Storage Hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub …

Natural Gas

Will Importers Cave into Putin’s Gas for Rubles Demand?

Russian President Vladimir Putin recently required “unfriendly” buyers of the country’s natural gas to pay in rubles, a move that could have far-reaching imp…

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…