Tag Archives: Ukraine

Qatar is striving for a diversified set of customers for its natural gas, the Gulf state’s energy minister told German daily Handelsblatt, potentially posing a limit to Germany’s purchasing ambitions to cut its dependency on Russian energy. “Just like buyers want to diversify their supplier base, we are keen to …

Ukraine’s IT sector is booming despite the Russian invasion. Workers with stickers on their laptops recline on beach chairs outside a warehouse for start-ups in the west Ukraine city of Lviv giving off major Silicon Valley vibes. But the atmosphere inside is different. Through the glass doors of the complex, …

Reuters reports that Ukraine will suspend the flow of gas through a transit point which it said delivers almost a third of the fuel piped from Russia to Europe through Ukraine, blaming Moscow for the move and saying it would move the flows elsewhere. Ukraine has remained a major transit …

Oil prices rose nearly 1.5 per cent on Friday, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth. Brent futures, the global benchmark, rose $1.49, or 1.3 per cent, …

LNG has the highest orderbook-to-fleet ratio of any shipping segment, and yet there’s plenty of analysts suggesting there’s room for far more newbuilds to be contracted soon with 2022 on course to break new records in terms of contracting with added impetus sparked by Russia’s invasion of Ukraine. Data from …

Despite sanctions, Russia has almost doubled its revenues coming from fossil fuel exports since the 24th of February which marked the start of a grim new chapter in history, the war in Ukraine. That’s according to research by the Centre for Research on Energy and Clean Air (CREA) which suggests …

Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the West on top exporter Russia. Brent futures were up US$1.50, or 1.3 per cent, at US$113.20 a barrel at 12.30am GMT, and US West …

European natural gas prices edged higher, following seven sessions of declines, with Russian supplies through Ukraine expected to fall. Orders dropped to about 68pc of the amount that Gazprom PJSC can send under its transit contract. The Russian company reiterated that flows were in line with requests from customers. Supplies …

A “real embargo” on Russian oil could end the war in Ukraine in a matter of months, the BBC has reported, citing a former chief economic adviser to President Putin. According to Andrei Ilarionov, who resigned in 2005, if the West “would try to implement a real embargo on oil …

Ukraine’s gas grid warned that flows through Europe could be affected as Russia and illegal armed forces are disrupting operations at a key compressor station. Occupiers are interfering with operations at the Novopskov gas compressor station in the in Luhansk region, Gas TSO of Ukraine said in a statement. The …