Russia

LNG
TotalEnergies Books $4.1 Billion Impairment Charge on Arctic LNG 2 Exit
French TotalEnergies will include a $4.1-million impairment on its balance sheet over Russia sanctions that have led to difficulties with its massive Arctic LNG…
Coal Trade
India Tells Its States to Step up Coal Imports for Three Years
India has urged its states to step up coal imports for the next three years to build up inventories and satisfy demand.
Crude Oil
EU Steps Up Purchases of U.S. Oil
EU crude oil imports from the U.S. are ramping up as the EU mulls an import ban on Russian crude.
LNG
UK’s Gas Imports From Russia Increased by 37% in 2021
Russia was the fourth-most imported source for the UK last year, according to official data.
Oil & Gas Trade
Possible to Pay for Russian Gas While Complying with Sanctions - Uniper
Uniper, Germany's main importer of Russian gas, on Monday said it would be possible to pay for future supplies without breaching European Union sanctions even t…
Crude Oil
Abu Dhabi Crude to Head to Europe, Replace Russian Oil
A shipping unit of France's TotalEnergies has provisionally chartered a tanker to load Abu Dhabi crude in early May for Europe, the first such shipment in two y…
Crude Oil
EU Prepares ‘Smart Sanctions’ on Russia
The European Union is preparing “smart sanctions” against Russian oil imports, The Times says, citing the European Commission’s executive vice-president, Val…
Natural Gas
Austria Is 80% Dependent on Russian Natural Gas, Minister Says
Big Oil executives are reportedly dumping tens of millions of dollars worth of company shares.
LNG
High LNG Prices Are Here to Stay
The global market for LNG has turned from a buyer’s market to a seller’s market.
Australia
Australia ‘Has Just 68 Days of Oil Reserves’
The country is nearly 91% dependent on imported oil, a public policy think tank has warned.
LNG
Europe to Emerge as Asia’s Competitor in the LNG Market: Analyst
Europe could emerge as Asia’s direct competitor in the liquefied natural gas (LNG) market as it looks to import from non-Russian LNG supply amidst the war in U…
Electric Car
Electric Vehicle Sales Soar Despite Rising Battery Costs
Manufacturers have passed higher prices on to consumers with double-digit increases for EVs.
Natural Gas
Germany's New Gas Storage Law - How Will It Work?
A bill to guarantee minimum gas storage levels in Germany, whose underground facilities account for a quarter of the EU bloc's total capacity, will kick in from…
Oil & Gas Trade
French Election Could Make or Break EU Russia Oil Ban
The outcome of this weekend's French presidential election could make or break the chances of EU unanimity for a ban on Russian energy imports, with challenger …
Russian Federation
Exxon Could Withdraw Completely From Russia Within Two Months
U.S. supermajor ExxonMobil plans to shut down all its businesses in Russia by June 24.

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Russia

TotalEnergies Books $4.1 Billion Impairment Charge on Arctic LNG 2 Exit

India Tells Its States to Step up Coal Imports for Three Years

EU Steps Up Purchases of U.S. Oil

UK’s Gas Imports From Russia Increased by 37% in 2021

Possible to Pay for Russian Gas While Complying with Sanctions - Uniper

Abu Dhabi Crude to Head to Europe, Replace Russian Oil

EU Prepares ‘Smart Sanctions’ on Russia

Austria Is 80% Dependent on Russian Natural Gas, Minister Says

High LNG Prices Are Here to Stay

Australia ‘Has Just 68 Days of Oil Reserves’

Europe to Emerge as Asia’s Competitor in the LNG Market: Analyst

Electric Vehicle Sales Soar Despite Rising Battery Costs

Germany's New Gas Storage Law - How Will It Work?

French Election Could Make or Break EU Russia Oil Ban

Exxon Could Withdraw Completely From Russia Within Two Months