Tag Archives: Ukraine

Ukraine’s gas reserves amount to 9.5 billion cubic meters (bcm) with production continuing at all facilities except at plants in areas where fighting is taking place, Prime Minister Denys Shmygal said late on Saturday. Imports continue from Hungary, Slovakia and Poland, Shmygal said in a video address. Before Russia’s invasion, …

A sharp increase in U.S. liquefied natural gas exports to alleviate a tight supply market in Europe has come under fire for its environmental effects. As a result, the boost in exports has slowed down, Reuters has reported, citing unnamed sources from Washington and the energy industry. Europe has become …

Ukraine’s largest state-owned oil and gas company has announced it had stopped the work in some of its production facilities after Russian troops invaded Ukraine. As of Friday 4pm, Naftogaz said one gas storage facility in the Chernihiv region, north-central Ukraine, temporarily suspended gas extraction due to reports of hostilities …

Ukraine’s transmission system operator GTSOU said on February 27 that it could not confirm there had been an accident at its transmission infrastructure in the east Kharkiv city, despite the Ukrainian government reporting earlier that day that Russian troops had blown up a pipeline there. Ukraine’s state service of special …

Russian President Vladimir Putin has ordered his defence troops to put nuclear weapons on high alert as he claims the US and her allies are advancing in an ‘unfriendly’ way. This is according to a New York Times Monday briefing. His remarks come after Ukrainian President Volodymyr Zelensky announced that …

Japan is discussing with the European Union about coordinating further diversion of part of its liquefied natural gas imports to Europe, government sources said Saturday, as the region faces the threat of Russia restricting its gas exports. The Japanese government will likely provide additional LNG supplies from April as long …

The number of active drilling rigs in the United States rose by 5 this week—the 18th straight weekly increase to the number of oil and gas rigs in the United States. The total rig count now has now reached 650, as the world watches for any signs of increased output …

Oil prices surged by nearly $6 per barrel Thursday after President Vladimir Putin launched Russian military action in Ukraine. Brent crude oil jumped to over $100 per barrel on unease about possible disruption of Russian supplies. The price of US benchmark crude briefly surpassed $98 per barrel. The ruble sank …

Russian gas exports via Ukraine have continued as normal and are in line with requests from consumers, Russian energy giant Gazprom said on Thursday. The company said the requests have been at 83 million cubic metres per day as of Feb. 24, up 31.4% from Feb. 23.

Escalating tensions between major global food suppliers Russia and Ukraine are likely to force wheat, corn, and sunflower oil buyers to seek alternative shipments, Reuters reported on Tuesday, citing analysts and traders. The disruption could drive up world food prices which are already near multi-year highs, experts warn. The two …