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Russia
Oil Price
Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban
A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as …
LNG
Shell to Exit Russia After Ukraine Invasion, Joining BP
Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company t…
LNG
Japan's JERA Does Not Currently See SWIFT Ban Impacting Sakhalin 2 LNG Imports
Japan's largest power generation company JERA does not currently see the latest financial sanctions on Russia, including barring designated Russian banks from t…
Natural Gas
How Europe Can Boost Energy Security and Reduce Its Reliance on Russian Gas
January is the cruellest month when it comes to European gas demand. It is now the end of February and the continent has almost a year to bolster its strategic …
LNG
Asian LNG Prices Surge on Ukraine Invasion, NS2 Halt
Asian spot liquefied natural gas (LNG) prices surged more than 50% this week as they tracked a jump in European gas prices after Russia’s invasion of Ukraine.
Oil & Gas Supply
Could Russia’s Invasion Of Ukraine Spark Another Arab Spring?
Russia and Ukraine are major exporters of food and agricultural products, and if these products are disrupted then there could be significant unrest in the MENA…
Oil Price
West Still Reluctant to Target Russian Energy on Economy Fears
Global governments remain reluctant for now to sanction Russian energy, seeking to insulate the world economy from a greater shock even as they tighten the fina…
Crude Oil
White House Vows to Avoid Future Sanctions on Russian Crude Oil
The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said …
Oil Price
Biden Administration Is 'Scared' of the 'Green Lobby', Will Not Abandon Russian Oil
Economist and former naval intelligence officer John Jordan weighs in on how the Russian invasion of Ukraine impacts the American economy.
Electric Vehicle Charging
Tesla Opens Free Supercharging for all EVs in Areas Affected by Ukraine Invasion
Tesla has opened its Superchargers – for free charging – to all makes of electric cars in parts of Europe affected by the Russian invasion of Ukraine.
LNG
Germany Plans to Become Independent from Russian Oil
Spurred by its growing domestic demand for electricity parallel to its increasing population and rapid urbanization, imports of liquefied natural gas (LNG) by C…
Russian Federation
Putin Puts Nuclear Deterrent on Alert; West Squeezes Russian Economy
President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which sai…
Oil & Gas Trade
BP to Exit its 20% Stake in Russian Oil Giant Rosneft
BP Plc will exit its shareholding in Russia’s largest oil company Rosneft PJSC, potentially taking a financial hit of as much as $25 billion.
Crude Oil
Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise
Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of U…
Oil & Gas Supply
Algeria Say Ready to Supply EU with Extra Gas Amid Ukraine Crisis
Algeria’s state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.
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