Europe

Crude Oil
2022-03-03

Russian Urals Differentials Weaken $6.805/b Day on Day to New Record Low
Russian Urals crude has collapsed by $6.805/b day on day, further breaking its lowest ever discount to Brent as the pressure from international sanctions takes it toll on the crude’s value.
Oil & Gas Trade
2022-03-03

Russia’s Feb Oil Output Rises, Trading Paralysed by Sanctions
Russia’s oil and gas condensate output C-RU-OUT rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax report on Wednesday, while trading has been stalled due to sanctions over Ukraine.
Crude Oil
2022-03-03

Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources
Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, including Rosbank, Unicredit and Raiffeisen, five people familiar with the matter told Reuters.
Oil & Gas Supply
2022-03-03

Sanctions on Russian Energy ‘on the Table,’ White House Says
The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it is weighing the possible impact on global markets and U.S. energy prices.
Crude Oil
2022-03-03

Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows
Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows confusion and panic among global crude oil traders, shipping firms and importers.
Oil & Gas Supply
2022-03-03

ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis
The American energy major is beginning the process to pull out from the Sakhalin-1 venture, in Russia.
Natural Gas
2022-03-03

Italy Considers Increasing Natural Gas Supply from Algeria
The latest move by Italy comes as Western sanctions on Russia threaten to disrupt the gas flow.
LNG
2022-03-03

Italy Halts Funding for $21 Billion Arctic LNG 2 Project
Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy projects, even absent of energy-related sanctions.
Natural Gas
2022-03-03

Europe Can Survive Next Winter Without Russian Gas
Russia’s invasion of Ukraine has highlighted the need for Europe to improve its energy security by reducing its reliance on Russian gas.
Oil Price
2022-03-03

OPEC+ Faces Reckoning on Russia Despite Efforts to Ignore Crisis
OPEC+ is doing its best to ignore the war started by one of its leading members, but it may not be able to manage it for much longer.
Oil Price
2022-03-03

Oil Soars as Emergency Crude Release Fails to Quell Supply Fears
Oil extended gains after the close as a decision by the U.S. and other major economies to release emergency stockpiles failed to ease concerns of a major shortfall in supplies as sanctions mount on Russia.
Oil Price
2022-03-03

U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
The United States is open to imposing sanctions on Russia's oil and gas flows but going after its exports now could help Moscow, the White House said on Wednesday as oil prices surged to an 11-year high and supply disruptions mounted.
Oil Price
2022-03-02

Global Oil Market is ‘Going to Look Different’ After Russia-Ukraine War, Strategist Explains
Blue Line Futures Chief Market Strategist Philip Streible joins Yahoo Finance's Brian Cheung to discuss the increase in oil prices and the outlook for the global oil market.
Oil & Gas Supply
2022-03-02

ADX Energy Increases Austrian Oil and Gas Production
Europe-focused ADX Energy has increased oil and gas output from its Gaiselberg and Zistersdorf fields by 25 per cent in the Vienna Basin, Austria.
Crude Oil
2022-03-02

Ukraine Crisis: IEA Members Vote to Unlock Oil Reserves to Reassure Markets
The 31 countries of the governing board of the International Energy Agency have agreed to release 60 million barrels of oil from their emergency reserves to “send a unified and strong message” to global markets

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Europe

Russian Urals Differentials Weaken $6.805/b Day on Day to New Record Low

Russia’s Feb Oil Output Rises, Trading Paralysed by Sanctions

Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources

Sanctions on Russian Energy ‘on the Table,’ White House Says

Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows

ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis

Italy Considers Increasing Natural Gas Supply from Algeria

Italy Halts Funding for $21 Billion Arctic LNG 2 Project

Europe Can Survive Next Winter Without Russian Gas

OPEC+ Faces Reckoning on Russia Despite Efforts to Ignore Crisis

Oil Soars as Emergency Crude Release Fails to Quell Supply Fears

U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'

Global Oil Market is ‘Going to Look Different’ After Russia-Ukraine War, Strategist Explains

ADX Energy Increases Austrian Oil and Gas Production

Ukraine Crisis: IEA Members Vote to Unlock Oil Reserves to Reassure Markets

UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism

Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications

Naturgy to Invest Over €300 Million in Nuevo Leon

Indian renewable power firm Clean Max raises about $575 million

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