Poland terminates Yamal pipeline agreement ahead of schedule

24 May 2022
Poland’s Climate and Environment Minister Anna Moskwa announced on May 23 that her country was terminating its inter-governmental agreement (IGA) with Russia on natural gas deliveries via the Yamal-Europe pipeline.

EC President Von der Leyen tells Davos countries of future “don't need oil and gas”, Ukraine’s fight is defining moment for global democracy

24 May 2022
European Commission President Ursula Von der Leyen told delegates at the annual World Economic Forum in Davos that “economies of the future will no longer rely on oil and gas,” and that Ukraine belongs in the “European family."

Saudi energy minister says Russia will remain a part of OPEC+ group

23 May 2022
Saudi Arabia will continue to include Russia in OPEC’s attempts to work with other oil-producing states to balance global energy markets, despite Western moves towards sanctions on trade in Russian crude.

Schroeder steps down as Rosneft board chairman

23 May 2022
Gerhard Schroeder, Germany’s former chancellor, has resigned from his post as chairman of Russia’s state-owned oil producer Rosneft.

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