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Crude Oil
Shell Agrees to Sell its Russian Petrol Stations
LUKOIL will buy Shell’s Russian retail and lubricants businesses
Oil & Gas Supply
Europe Eyes Gas-Rich African Nations for New Supplies, Rystad Says
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75 per cent of the expec…
Oil & Gas Supply
Russia Could Cut Gas Supply to Finland on Friday
Key Finnish politicians have been warned that Russia could halt its gas supplies to neighbouring Finland on Friday.
Energy Security
Russia Slaps Sanctions on Western Energy Firms
Moscow has imposed sanctions on more than 30 EU, US and Singaporean energy companies in a retaliatory move following western penalties imposed on Russian.
Natural Gas
European decarbonisation and Fuel Independence From Russia ‘Impossible Without Energy Storage’
The European Union has no choice but to develop a coherent strategy on energy storage if it is to achieve its decarbonisation goals and end its dependency on Ru…
Rooftop PV System
EU Commission Proposal Suggests Mandatory Solar Rooftops
The EU wants to increase its solar generation capacity in response to the war in Ukraine.
Nuclear Power Plant
IAEA’s Grossi Still Hopes for Mission to Zaporizhzhia
IAEA Director General Rafael Mariano Grossi told a European Parliament hearing that it is a very "fragile situation" and "terribly complicated" but his aim to l…
Crude Oil
Biden Sidelined Global Energy Partners with Record Emergency Oil Release
The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in IEA, leaving them scrambling to match…
Crude Oil
Oil Slips as Investors Eye EU Vote on Russian Oil Ban
Oil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on a Russian oil embargo that is expected to tighten global supp…
Natural Gas
Russia's Gazprom Continues Gas Exports to Europe via Ukraine
Russian gas producer Gazprom said it was supplying natural gas to Europe via Ukraine on Sunday in line with requests from European consumers.
Natural Gas
U.S. Natural Gas Prices Could Soon Hit $10
Warmer than usual spring weather and record LNG exports to help Europe reduce dependence on Russian gas could send the U.S. benchmark natural gas prices to abov…
Oil Price
Oil Rises, Defying Stock Market Falls as Supply Concerns Persist
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned …
Oil & Gas Trade
How Much Russian Oil is Europe Importing?
Russia was the largest supplier of petroleum to Europe in 2021, according to a new report.
Oil & Gas Trade
Shell’s Profit Soars on Higher Oil and Gas Prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices despite taking a charge due to its phased exit fr…
Nuclear Power Plant
Zaporozhe Switches to Supplying Electricity for Qwn Use
The largest nuclear power plant in Ukraine - and Europe - has switched to producing electricity for its own use after damage to external power lines, Ukrainian …
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