French energy giant TotalEnergies will continue to ship liquefied natural gas from Russia as long as there are no European sanctions on the fuel, the company’s Chief Executive Patrick Pouyanne said on Wednesday, reiterating a previously stated position. “We will continue to ship LNG from Russia as long as there …
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Norway will receive help from Britain, Germany and France to patrol the seas around its oil and gas platforms amid suspicion that sabotage caused leaks in Nord Stream pipelines earlier this week, Norway’s prime minister said on Friday. Russia’s Nord Stream 1 and Nord Stream 2 pipelines burst this week, …
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U.S oil service company Baker Hughes will no longer provide engineering services to Russian LNG developers. That creates another serious headache for Novatek’s LNG projects in the Arctic. According to newspaper Kommersant, Baker Hughes will also stop deliveries of equipment to Russia. Baker Hughes plays a key role in several …
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Several major oil companies and investors have announced in recent days they are withdrawing from Russian resource development or not pursuing new projects with Russia, including in the Arctic, after Russia’s invasion of Ukraine. BP was the first to announce such plans. On Sunday, the company said that it was …
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The liquefied natural gas tanker Vladimir Rusanov on April 6 left the Russian Arctic port of Sabetta and set course for Equinor’s Melkøya plant in Norway. It is the first time that natural gas from the Yamal Peninsula is sold to Norway and that a Yamalmax tanker sails with a …
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Five years after abandoning an ambitious multibillion-dollar offshore Arctic exploration program, Royal Dutch Shell is again proposing to drill for oil in Arctic Alaska — but this time, in a more modest fashion. Company unit Shell Offshore Inc., in an Aug. 27 application to the Alaska Division of Oil and …
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