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Russia
Crude Oil
The World Could See a Record-Breaking Oil Supply Shock
IEA: market could lose around 3 million bpd of supply from Russia starting in April.
Carbon Emissions
Russia's 2050 Decarbonisation Plans in Doubt amid Sanctions
Russia's energy ministry believes Western sanctions over Ukraine could prevent the country from achieving plans to cut carbon emissions by 2050.
Crude Oil
Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns
Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau…
Coal Mine
Balkan States Say Supply Security more Pressing than Ditching Coal
A surge in power costs and concerns about reliance on Russian energy have prompted Balkan utilities to reassess plans to shut down coal-fired power plants, desp…
Crude Oil
Oil PSUs Readying to Buy Discounted Russian Crude
Companies would make the move in a day or two after they achieve clarity on insurance, freight and payment for the Russian oil in view of the Western sanctions …
Crude Oil
IEA: 3 mbpd of Russian Oil may not Reach Market from April
Rising commodity prices and sanctions on Russia "are expected to appreciably depress global economic growth" and impact inflation, said the Paris-based IEA, off…
Thermal Coal
India Looks to Russia to Solve the Energy Crisis Moscow Created
Can Russia rescue India from the high energy prices caused by Moscow's invasion of Ukraine?
Electric Car
Tesla Raises Prices of EVs as Supply Chain Worsens
The crisis in Russia and Ukraine has led to key materials in EV production rising by up to 250%.
Oil Price
Crude Oil Falls to $100, Eases Inflationary Worries
Crude oil prices fell to $100 a barrel on Tuesday, from a high of $139 last week, easing worries for consumers and the economy facing inflationary headwinds.
Oil Futures Open Higher on IEA Supply Warning
Oil futures rose in early trading on Thursday, recovering some of the prior day's losses, after IEA said a decline in oil demand due to higher prices would not …
EU
EU Can Tap Geothermal Potential to Cut Russian Gas - EGEC
EGEC has calculated that the EU can reduce its use of Russian gas by 3 billion cubic metres (bcm) this year with the help of geothermal district heating and coo…
LNG
Norway’s Equinor Ramping up Gas Output to Help Meet Europe’s Demand
Norway’s state player Equinor and the country’s government have worked out a plan to maintain high gas exports to Europe and meet the demand amid supply conce…
Oil Price
Oil Market Heads for ‘Biggest Supply Crisis in Decades’ with Russia’s Exports Set to Fall, IEA Says
Three million barrels per day of Russian oil output is at risk beginning in April as sanctions hit and buyers shun the nation’s exports, IEA said Wednesday.
LNG
Biden Administration Approves More LNG Exports to Europe
The Biden administration said on Wednesday it had authorized additional exports of liquefied natural gas from two major facilities on the U.S. Gulf Coast.
Crude Oil
Brazil Assures US it will Increase Oil Production
The Brazilian government on Monday (Mar 14) assured the United States it will increase its oil production, a decision that could help ease concerns over global …
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