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Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
United States
US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban
US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …
Russian Federation
Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy…
Oil Refinery
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an Americ…
LNG
EU Clinches U.S. LNG Deal, Brushes off Russian Rouble Demand
The European Union and United States are set to unveil a deal on Friday to supply Europe with more U.S. liquefied natural gas (LNG).
Crude Oil
Middle East Crude Grades Feel the Pressure as Russian Urals Head to Asia
Buying interest among Asian refiners for some medium sour Middle East crude grades loading in May has weakened as cheaper Russian Urals crude cargoes increasing…
LNG
Asian Gas Buyers Buzzle over Putin's Demand for Payment in Roubles
Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said "unfriendly" countries must pay for Russian gas in rouble…
Hydrogen Production
How Putin’s War Has “Turbocharged” Green Hydrogen, and Long Term Shift From Fossils
Two new reports from leading market analysts have singled out green hydrogen as a sector that stands to be “turbocharged” as a result of the Russia-Ukraine co…
Ukraine
Ukrainian Coalition Calls for Embargo on Russian Energy
Some of the biggest energy companies in Ukraine have urged Western companies to stop buying energy from Russia.
Nuclear Reactor
Belgium Pushes Nuclear Exit back a Decade due to Ukraine Crisis
Belgium has delayed its decision to cut nuclear energy by 10 years due to the rise in energy prices from the Russian invasion of Ukraine.
Natural Gas
European Energy Prices Soar as Russia Seeks Rubles for Its Gas
European energy prices surged after President Vladimir Putin said Russia will demand payments in rubles from natural gas buyers it deems “unfriendly.”
LNG
EU Seeks Answers to Energy Supply Crunch, U.S. LNG Deal
EU leaders are expected to agree at a two-day summit starting on Thursday to jointly buy gas, as they seek to cut reliance on Russian fuels and build a buffer a…
Nuclear Power Plant
Chernobyl Laboratory Which Processed Radioactive Waste Destroyed by Russian Troops
Chernobyl, the site of the world's worst nuclear disaster in 1986, is under the control of Russian soldiers who are said to have destroyed a £6million lab used…
Natural Gas
Russian Gas Flows to Europe Dip Slightly
Russian gas deliveries to Europe through the Nord Stream 1 pipeline across the Baltic Sea dipped slightly on Wednesday, while gas continued to flow eastwards fr…
Russian Federation
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.
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