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Oil Price
India's Energy Dilemma: Is Cheap Russian Oil Worth Tensions with West?
India, Asia’s third-largest economy, faces a dilemma. It hopes to increase imports of Russian oil, currently an abundant source in a tight market, but the move…
Joe Biden
EU to Mull Russian Oil Embargo with Biden Set to Join Talks
EU governments will consider whether to impose an oil embargo on Russia over its invasion of Ukraine as they gather this week with Joe Biden for a series of sum…
Natural Gas
Shell Cleared to Restart Prelude FLNG
Shell has been given the green light to resume operations at its Prelude floating liquefied natural gas (FLNG) facility offshore Western Australia after an inci…
SMR
Canadian government invests in third SMR technology
The Canadian government is to invest CAD27.2 million (USD21.6 million) in Westinghouse Electric Canada Inc to support its next-generation eVinci microreactor.
Crude Oil
India Buys Russian Oil Despite Pressure for Sanctions
The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…
Crude Oil
PSU Refiners Stock up on Cheap Russian Crude
India's state-run refiners are buying several million barrels of the Russian crude that's selling at a deep discount due to Western sanctions.
Nuclear Power Plant
Tender Launched for New Nuclear Plant at Dukovany
The Czech Republic’s Ministry of Industry and Trade has officially given its approval after completing the safety assessment of the three approved bidders - ED…
Carbon Emissions
Russia's 2050 Decarbonisation Plans in Doubt amid Sanctions
Russia's energy ministry believes Western sanctions over Ukraine could prevent the country from achieving plans to cut carbon emissions by 2050.
Crude Oil
Oil PSUs Readying to Buy Discounted Russian Crude
Companies would make the move in a day or two after they achieve clarity on insurance, freight and payment for the Russian oil in view of the Western sanctions …
Crude Oil
China's Jan-Feb Daily Crude Oil Throughput Falls to Lowest Since End-2020
China's daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scale…
Crude Oil
As West Shuns Moscow, Officials Say India Eyes More Cheap Russian Oil
India may take up a Russian offer to buy crude oil and other commodities at a discount.
Crude Oil
Crude Prices Fall as Optimism Grows on Russia-Ukraine Peace Talk
Crude oil futures were lower in Asian trading March 14 as Russia-Ukraine peace talks continue even as attacks increase in western Ukraine near Poland.
United Kingdom
UK Steel Firms Suspend Imports of Russian Coal
Tata Steel UK (Tata) and British Steel have both suspended imports of Russian coal, according to The Mail on Sunday.The decision follows sustained pressure from…
Crude Oil
Countries and Companies Shun Russian Crude over Ukraine Invasion
Russian gas flows to Europe remain stable, but Moscow is starting to face problems in selling its crude oil and oil products as Western sanctions over Russia's …
Crude Oil
Tullow Oil Sees Ghana Offshore Fields Production at 150,000 Boe/d by 2025
West Africa-focused Tullow Oil's chief executive TLW.L said on Wednesday its Jubilee offshore oilfield in Ghana could produce 100,000 barrels of oil equivalent …
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