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TotalEnergies to Halt Russian Oil Purchases by the End of 2022
TotalEnergies has announced it will stop purchasing oil and petroleum products from Russia as soon as possible and by the end of 2022 at the latest.
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…
Oil Price
Oil Approaches $120 as EU Considers Ban on Russian Crude
Fitch Ratings says the outlook for the global economy has 'deteriorated significantly' as inflation rises and Russia’s invasion of Ukraine threatens global ene…
Crude Oil
Oil Advances as EU Debates Possible Ban on Russian Crude Imports
Oil climbed for a fourth day, heading for the best run in a month, on signs the European Union may be edging closer to a ban on Russian crude imports to punish …
LNG
France Says Ban On Russian Energy Can’t Be Ruled Out
France sees a potential ban on imports of Russian energy into the EU as an option, its Economy and Finance Minister Bruno Le Maire said over the weekend, adding…
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…
Oil Price
Oil Jumps as EU Weighs Russian Embargo
Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a w…
Wind Power Project
Netherlands Doubles Wind Energy Targets for 2030
The Dutch government on Friday doubled its forecasts for offshore wind power generation in the country by 2030 as the Netherlands seeks to curb its reliance on …
LNG
LNG Projects in the Gulf of Mexico Boosted as Russian Gas Alternative
Two years ago, the American liquified natural gas (LNG) company Tellurian was in free fall: Its stock price collapsed, it laid off 40 percent of its staff, and …
Joe Biden
Amid Global Energy Squeeze, Biden Looks to Iran but Not Israel
Russia's invasion of Ukraine has thrown the global energy market into a state of turmoil, forcing the U.S. and Europe to look for substitutes for Russian oil an…
Oil & Gas Supply
German Gas Supply Concerns Mount for Coming Winter
Germany, which relies heavily on Russian gas, has major concerns over securing supplies for next winter and is doing all it can to secure alternatives, Minister…
Natural Gas
Gas Prices Decline Around Nation Amid Falling Oil Prices
Gas prices have declined amid falling oil prices after climbing to new all-time record levels in New Jersey and around the nation in the wake of Russia’s invas…
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…
Oil Price
Oil Climbs on Pressure From Ukraine Conflict, Tight Market
Oil prices jumped $2 on Monday as Ukrainian forces dug in against heavy Russian attacks, while major oil producers reported they are struggling to produce their…
Nuclear Power Plant
Belgium Delays Nuclear Energy Exit 10 Years Due to Ukraine War
Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, spooked by the huge rise in energy prices due to the Russian invasion of Ukraine.
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