Tag Archives: Sputnik

Equinor, Western Europe’s largest natural gas producer, said it is extracting oil and gas at full capacity in order to replenish the continent’s dwindling gas storage, while admitting that Europe’s dependency on Russia will be “difficult” and will require greater investment in both fossil fuels and renewables. As part of …

Russia’s Gazprom continues to supply gas for transit through Ukraine in the regular mode and following consumers’ demands amounting to 107.5 million cubic meters as of Sunday, the company said. “Gazprom supplies Russian gas for transit through the territory of Ukraine in the regular mode, in accordance with the applications …

On Tuesday, Biden press secretary Jen Psaki told reporters that the Biden administration was “working to identify additional volumes of gas” for Europe from North Africa, the Middle East, Asia and the United States in the event of a drop in Russian supplies amid the Ukraine crisis. Qatar has little …

Russia will become one of the world’s three largest producers of liquefied natural gas (LNG) in terms of output in five to eight years, a senior consultant with Russian independent energy advisor VYGON Consulting, Ekaterina Kolbikova, has told Sputnik. “In [a period from] 2027-2030, Russia will become one of the …

The 271-metre-high wind turbine in Thy can deliver electricity for 18,000 households, but will be eclipsed by competitors by the end of this year. Denmark, one of the acknowledged international leaders in wind power, has launched the world’s largest wind turbine. The turbine spanning 271.4 metres measured from the ground …

Russia’s Gazprom once again refrained from booking gas transit capacity of the Yamal-Europe pipeline for delivery through Poland for Sunday during an additional auction session, the data from GSA Platform showed. At the regular auction session on Saturday, the offer to book Sunday capacity at the entry point to the …

Saudi Arabia’s state oil and gas corporation Saudi Aramco said that it signed five agreements with leading French companies including a deal on hydrogen-powered vehicles with Gaussin, during French President Emmanuel Macron’s visit to the kingdom. The agreements were concluded in the city of Jeddah during the workshops that were …

The high volumes of trade between Russia and China create significant potential for mutual settlements in yuan and rubles, while the security of settlements in dollars is in doubt, the CEO of Russia’s Rosneft Igor Sechin said on Monday. “The achieved volumes of trade between Russia and China create significant …

The Japanese government is considering to release crude oil reserves to curb the oil prices growth, Japan’s Kyodo news agency said on Saturday, citing sources. Previously, Japan resorted to this measure only in case of natural calamities or disruptions in overseas supplies caused by an unstable political situation. Consequently, the …

The International Energy Agency (IEA) has noted the significance of China promising to stop constructing coal plants in foreign countries, saying it could result in cancellation of coal projects with a total capacity of as much as 190 gigawatt (GW). Speaking before the UN General Assembly in September, Chinese President …