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According to the latest Short-Term Energy Outlook from EIA, U.S. LNG exports increased for the period between 24 February and 2 March 2022 compared to the week before. Specifically, they are up by six vessels. Twenty-four LNG vessels with a combined LNG-carrying capacity of 92 billion cubic feet departed the …

Russian energy company Gazprom on Thursday resumed westbound gas supplies via the Yamal-Europe pipeline to Germany from Poland, data from Gascade pipeline operator showed. Flows have been at 5.9 million kilowatt-hour per hour (kWh/h), while renominations, or preliminary bids, stand at 19.3 million kWh/h until Friday morning.

Russia’s major oil and natural gas companies saw their stock values nosedive on foreign exchanges during the past week amid the war in Ukraine, unlike their western peers, despite record-high energy prices. Oil and natural gas prices climbed this week to their highest level in more than a decade with …

Switzerland must diversify its energy supply and accelerate the expansion of renewables in order to cut the share of fossil fuels and reduce its reliance on Russian gas imports, the country’s renewable energy association Aee Suisse said on Tuesday. The association has offered seven measures worth about CHF 860 million …

Russia’s natural gas flow to Europe is on the rise despite Russian attacks on Ukraine, according to data compiled by Anadolu Agency on Wednesday. Gas exports of Russian energy giant Gazprom to the EU via Ukraine stood at 109 million cubic meters per day on Dec. 1 last year but …

The European Union is capable of going through next winter without imports of Russian natural gas while avoiding serious damage to its economy, according to a new report by Belgium-based think tank Bruegel. The 27-nation bloc would need to curtail its demand by at least 10%-15% should Russia halt imports …

OPEC+ is widely expected to continue raising its overall production quota by 400,000 barrels per day (bpd) per the plan from last summer, despite the surging oil prices over the Russian invasion of Ukraine, a Bloomberg survey of 18 analysts and traders showed on Tuesday. The OPEC+ group—led by Saudi …

As the conflict in Ukraine continues, several African states could stand to benefit from rising oil prices as many countries look to develop their burgeoning oil sectors. With Big Oil eying several African countries as potential development areas for low-cost, low-carbon oil, this could be the opportunity they have been …

Italian oil giant Eni said Tuesday it would withdraw from the Blue Stream gas pipeline linking Russia to Turkey, in which it has a 50 percent stake. “Eni intends to sell its stake” in Blue Stream, a company spokesman said, following moves by rivals BP and Shell to divest from …

The Swiss-based company that built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency, sources said, as it tries to settle claims before a US sanction deadline for other entities to stop dealing with it. The US imposed sanctions on Nord Stream 2 AG …