US announces ban on oil imports from Russia
US President Joe Biden has announced a ban on imports of oil and energy from Russia in response to the…
Russia warns that a barrel of oil could exceed $300 in the event of a joint embargo
Oil prices could rise to more than $300 a barrel if the United States and the European Union ban oil…
OMV joins large energy companies and withdraws from Russia
The Austrian group OMV announced on Saturday that it is withdrawing from Russia, being the latest energy company to make…
Blinken says US is working with European allies to look at ‘prospect’ of banning Russian oil imports
UPDATE WTI crude futures jumped to their highest levels since 2008 early on Monday, amid the risk of a Western…
AFP: Russian oil giant Lukoil calls for halt to Ukraine armed conflict
Russian oil giant Lukoil on Thursday called for an immediate halt to fighting in Ukraine, one of the first major…
AEI: EU can completely give up Gazprom gas, a measure that would stop the war
The European Union has the opportunity to sustain its entire gas consumption on its own, with the arrival of spring,…
Canada bans all imports of crude oil from Russia
Canadian Prime Minister Justin Trudeau on Monday announced a ban on “all crude oil imports” from Russia, “an industry that…
Western firms head for the exit in Russia as sanctions tighten
Energy giant BP, global bank HSBC and the world’s biggest aircraft leasing firm AerCap joined a growing list of companies…
Rouble plunges to record low, dollar holds firm as West bolsters Russia sanctions
The rouble plunged to an all-time low on Monday, and the dollar soared against nearly all peers after Western nations…
Germany will accelerate plans to reduce its dependence on Russian gas
Germany will implement plans to build two new liquefied natural gas (LNG) terminals and also increase its natural gas reserves…
Reuters: Russian forces invade Ukraine with strikes on major cities
Russian forces fired missiles at several cities in Ukraine and landed troops on its south coast on Thursday, officials and…
Russia among the three countries providing most of the LNG for Europe
In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and…
Russia denies stopping gas supplies to Europe if sanctions are imposed
The Kremlin has dismissed fears that Russia could shut down its gas pipeline to Europe in the event of sanctions…
OPEC and Russia decide on Tuesday whether to increase oil supply
Organization of the Petroleum Exporting Countries (OPEC), Russia and other oil producers decide on Tuesday whether to increase their supply…
Aleksandr Novak: Russia will resume gas transit through Ukraine in 2024
Russia could transport gas again through Ukraine after 2024 if favorable economic conditions exist and the Ukrainian network is in…
European gas prices surge. Why and for how long?
Dutch TTF gas futures are seen as a Europe-wide natural gas benchmark. They reached 96.65 euros per megawatt hour (euro/MWh)…
Polish PM: Nord Stream 2 Gas Pipeline, Russia’s blackmail tool against Ukraine and the Republic of Moldova
Polish Prime Minister Mateusz Morawiecki has expressed hope that the future German government will change its position on the disputed…
Gazprom will increase its investments in 2022 to $24 billion
Gazprom announced on Thursday that its management team has approved an investment program worth 1,760 billion rubles ($24 billion) for…
Serinus Energy: The tax regime discourages investment in the oil and gas industry
Romania needs all the natural gas it can reach. It is not a question of better budgets, anymore, neither it…
Russia aims for a 60% lower European gas price
Russia wants the price of gas on the European market, its main customer, to fall by 60% from the current…
Russia is expected to increase its oil exports in Q4
Russia is expected to increase its oil exports from the Urals through Baltic ports in the fourth quarter, due to…
Republic of Moldova – Gas price for the population could increase by 35%
Moldovagaz, together with representatives of the Ministry of Economy and Infrastructure of the Republic of Moldova, is in the final…
Hungary and Russia – new long-term gas supply agreement
Hungary has negotiated with Russia all the terms of a new long-term gas supply agreement, which will enter into force…