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Oil & Gas
U.S. Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers
The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers.
Oil & Gas
Russian Gas Continues to Flow into Europe on Main Pipeline Routes
Russian gas delivered through the Yamal-Europe pipeline via Poland was flowing westward into Germany on Tuesday morning, and flows into Slovakia via Ukraine rem
Oil & Gas
Germany Says It Won't Stop Buying Russian Energy Despite Moscow’s War in Ukraine
Germany will continue to buy natural gas, oil and coal from Russia despite Vladimir Putin’s aggression against Ukraine, the government in Berlin said Monday.
Oil & Gas
Russia Warns West of $300 per Barrel Oil, Cuts in EU Gas Supply
Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through o
Oil & Gas
Want Lower Oil Prices? First You Need Higher Ones
There is only one way oil prices are going to fall – by first rising even more. That is the growing consensus among Wall Street analysts, who say there is not
Oil & Gas
Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction
High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R
Oil & Gas
US and Europe Discuss Plans to Ban Russian Oil Imports, Blinken Says
US Secretary of State Antony Blinken is in Europe to co-ordinate with allies against Russia's military offensive in Ukraine. APThe US and European partners
Oil & Gas
How Europe Can Reduce Its Dependence on Russian Natural Gas
Europe’s dependence on natural gas from Russia has given President Vladimir Putin leverage over the European Union, making it hard to impose energy sanctions o
Oil & Gas
EU Says Independence From Russian Gas Is Possible Within Years
The European Union could wean itself off Russian gas within years and start curbing its reliance within months, the European Commission’s climate policy chief
Oil & Gas
Shell Defends Decision to Buy Discounted Oil From Russia
Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedic
Video
Crude Oil Surges on Russia Oil Embargo Risk
WTI is continuing to soar. U.S. Secretary of State Antony Blinken has signaled the Biden administration and its allies are discussing an embargo on Russian oil,
Oil & Gas
Ukraine: Workers Refuse to Unload Russian Oil from Ship
Workers are refusing to unload Russian oil from a German-flagged ship which is moored at a major British oil refinery.
Oil & Gas
Denmark to Boost Defence Spending and Phase out Russian Gas
Denmark will significantly increase its defence budget and aim to become independent of Russian natural gas in response to Russia's invasion of Ukraine, Danish
Oil & Gas
Hundreds of NGOs Call for Import Ban on Russian Oil, Gas
Hundreds of civil society groups and NGOs Friday called on governments worldwide to "reject and ban any import of fossil fuels from Russia" in order to cut off
Oil & Gas
Elon Musk: “We Need to Increase Oil & Gas Output Immediately”
Elon Musk, CEO of Tesla, has shared some thoughts on Twitter about the current situation with oil and gas and Russia.
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