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Nord Stream 2

ExxonMobil Joins Western Oil and Gas Company Exodus From Russia

US supermajor to start process of discontinuing operations at the Sakhalin-1 project in response to Russia's invasion of Ukraine.

Nord Stream 2

Shell Cuts Business Ties with Gazprom, Abandons Nord Stream 2

Shell has announced its intention to exit its joint ventures with Gazprom and related entities to cut its ties with Russia over the war with Ukraine.

Nord Stream 2

Nord Stream 2 Owner Considers Insolvency After Pipeline Halt and Sanctions

​The Swiss-based company that built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency, sources said, as it tries to se…

Rooftop PV System

Mytilineos Completes South Korean Solar Project Construction

Mytilineos reaffirms its strategy of expanding its solar activity in markets around the world, announcing the completion of the construction of a 1.55 MW solar …

Wind Turbine

Satellite Outage Knocks out Thousands of Enercon’s Wind Turbines

Remote control of 5,800 wind turbines knocked out. Enercon says disruption coincided with Russian invasion. Says working with providers to resolve problem.Germa…

Wind Farm

Global Wind Energy Council Launches Wind Industry’s COP27 Campaign at Egypt’s West Bakr Wind Farm.

The Global Wind Energy Council (‘GWEC’) today launched the wind industry’s journey to COP27 campaign at the new West Bakr wind farm in Egypt.

Oil Price

Oil Prices Surge More Than 7% to Highest Since 2014

Members of the International Energy Agency (IEA) agreed to release 60 million barrels of crude from their reserves to try to quell the sharp increase in prices …

World Utilities Congress

About World Utilities CongressHosted by TAQA and held under the patronage of HH. Sheikh Khalid Bin Mohammed Bin Zayed Al Nahyan, The World Utilities Congress wi…

Crude Oil

Oil Production from Northeast India Expected at 6.85 mt in 4 years: HS Puri

The petroleum sector to play a crucial role in the North East region’s industrial growth.

Crude Oil

U.S. December Oil Demand Hits Highest Since Before Pandemic -EIA

U.S. oil demand rose in December to its highest level since before the coronavirus pandemic began, the U.S. Energy Information Administration (EIA) said on Mond…

Energy Investment

The Strategic Importance of Ukraine’s Energy Infrastructure

Enlit Europe spoke to Christopher de Vere Walker, Director of SEEPX Energy, geospatial data and infrastructural risk specialists with a focus on Russia, Ukrain…

GECF Launches Global Gas Outlook 2050

The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing countries, today publicly unveiled its annual GECF Global Gas Outlook…

Crude Oil

Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies

Sanctions and exclusion of Russian lenders from the SWIFT system, the most important international payment network, will hurt Indian state-run firms' abilit…

India

Pakistan to Raise Objections over 10 Indian Hydro Projects

Pakistan is likely to raise objections over the construction of 10 new hydropower projects by India at the annual meeting of the Permanent Commission on Indus W…

Natural Gas

World Bank: There Will Be Alternatives to Russian Gas in Five Years

World Bank President David Malpass: There will be alternatives to Russian natural gas supply in the five-year horizon.