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Oil & Gas
Worley to Pull out of Russia over Ukraine Invasion
Australia-based engineering firm Worley has decided to suspend its operations in Russia in response to invasion of Ukraine.
Oil & Gas
Oil Price Shock Jolts Global Recovery as Economic Impact of Russia’s Invasion Spreads
The highest oil prices since the 2008 financial crisis are dealing a heavy blow to the global economy, slowing Europe’s pandemic recovery to a near stall and c
Oil & Gas
What the Bans on Russian Fossil Fuels Actually Mean
Prices are up—but so is the pressure to switch to electric everything.
Oil & Gas
Eni Suspends Russia Oil Purchase over Ukraine Invasion
Eni, which has already suspended its JVs with Russia’s Rosneft, has take-or-pay gas contracts with Russian energy firm Gazprom.
New Energy Vehicles
Why Russia’s Invasion and Surge in Oil and Metals Prices is Bad News for EVs
The cost of filling up the tank of an internal combustion engine car will make people think about going electric.
Coal
Ukraine Crisis Could Send Coal Prices to $500
Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.
Oil & Gas
Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says
Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country's natural r
Oil & Gas
Ukraine Crisis Provides 'Renewed Focus' on Gulf Hydrocarbons
Saudi Arabia, Qatar and UAE are all set to capitalise on the realignment of global energy and Europe's diversification of Russian energy supplies.
Nuclear Power
Pressure on U.S. Nuclear Power Could Mount if Sanctions Imposed on Russian Uranium
Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports.
Oil & Gas
Norway's Equinor Halts Trading Russian Oil
Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow's invasion of Ukraine, Chief Executi
Oil & Gas
Oil Extends Losses; Russia to Fulfil Supply Contracts
Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations
Oil & Gas
European Oil and Gas Majors’ Exposure to Russia Is Limited
European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings
Oil & Gas
Sinopec Keeps Refinery Operations 'Fairly High' to Ensure Fuel Supply
China's Sinopec is running its refineries at "fairly high" operational rates, the firm said, seeking to ensure steady fuel supply in the country amid tight glob
Oil & Gas
Asian Shares Surge as Russia-Ukraine Talks Buoy Sentiment
Asian shares surged on Thursday, tracking Wall Street's gains as planned diplomatic talks between Russia and Ukraine buoyed sentiment, although analysts warned
Wind Power
Danish Wind Turbine Giant Vestas to Suspend Work on Four Projects in Russia
Danish wind turbine manufacturing giant Vestas will suspend work on four Russian wind projects in response to Russia’s invasion of Ukraine. Vestas will also su
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Russia’s Gazprom Supplied 38 Bcm of Gas to China via Power of Siberia Pipeline in 2025
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