Free Top Stories
ING: Pressure to reduce Russian gas dependence builds – but there’s no silver bullet for sectors
Corporate decision-makers have a handful of measures available to them to significantly reduce gas demand from Russia. Gas to coal switching, curtailment of industrial production and lowering thermostats can have a big impact.
ANP head comments on projected pace of Brazil’s oil production increase
Rodolfo Saboia, the director-general of Brazil’s ANP, said last week that his country was on track to raise its hydrocarbon production by 3mn barrels of oil equivalent per day by the end of the decade.
Confusion reigns over what Putin’s gas for rubles order means for Russia
Confusion is reining amongst analysts and energy traders over why Russian President Vladimir Putin has ordered gas export deals to all be settled in rubles on March 23. The main issue is Russia cutting itself off from earning dollars and euros.
Serbia prepares to start talks on new Russian gas contract
Serbia has so far resisted calls from EU leaders to join western sanctions on Russia, though it has condemned the invasion of Ukraine.
Kazakhstan assesses how to bypass CPC pipeline after Russia announces 'storm damage' shutdown
Amid oil market tensions caused by Ukraine war, analysts raise questions on timing of interruption. None of pipeline’s western partners have been able to inspect the facilities.
COMMENT: The economic rationale for an oil and gas embargo on Putin’s regime
Stopping purchases of Russian oil and gas is likely to be the fastest way to stop Putin’s war in Ukraine. It is also the most economically efficient one.
Putin retaliates to Western sanctions by demanding rubles-only payment for gas
Russia’s President Vladimir Putin has announced that “unfriendly” countries will have to pay for gas in Russian rubles and requested that the central bank prepare the necessary conditions for enacting this within seven days.
AfrElec: Anglo American, EDF Renewables to develop renewable energy in South Africa
Anglo American has signed a memorandum of understanding with EDF Renewables to co-operate in developing a regional renewable energy ecosystem in South Africa.
Can the EU replace Russian gas with North African supplies?
Experts from Verisk Maplecroft and Welligence Energy Analytics comment on how North African gas producers might respond as Europe’s energy mix changes.
"Climate Czar" and veteran Russian reformist Chubais said to have flown Russia
Veteran reformer Anatoly Chubais has quit his post of"Climate Czar" and fled the country after criticising Russia's invasion of Ukraine.
NorthAmOil: Biden administration to resume federal oil and gas leasing
The administration of US President Joe Biden will resume oil and gas leasing on federal land following a court decision temporarily reinstating a measure that puts a higher price on the greenhouse gas (GHG) emissions associated with projects.
LatAmOil: Emissions reduction may be a factor in Ecuador’s Intracampos 2 tenders
Ecuador’s Energy Minister Juan Carlos Bermeo has said that Quito may take carbon emissions reduction goals into account when selecting the winners of upcoming tenders for six onshore oil blocks.
GLNG: Germany targets LNG supplies from Qatar
Germany is turning to Qatar for LNG as it pivots away from Russian natural gas in the wake of the war in Ukraine.
FSUOGM: Russian oil becomes toxic waste
DMEA: Angola refinery work set to start
AsianOil: BP, Petronas win offshore blocks in Indonesian auction
Super-major BP and Malaysia’s Petronas both announced on March 18 that they had been awarded deepwater exploration blocks as part of the second round of Indonesia’s 2021 Oil and Gas Working Area (WK) Bid Round.
AfrOil: Uganda’s energy minister hopes for refinery FID in 2023
Uganda’s Energy Minister Ruth Nankabirwa says the Albertine Graben Refinery Consortium (AGRC) is set to make a final investment decision next year on the construction of refinery for oil from fields near Lake Albert.
REM: Shell may develop six offshore wind farms totalling 1.7 GW off Brazil
Shell Brasil has filed environmental licensing requests for six offshore wind farms totalling 1.7 GW.
MEOG: PNZ partners agree Dorra deal
Bulgaria to complete gas link with Greece as it seeks to end dependence on Russian gas
Gas link that will allow imports of Azeri gas set to be completed by June, says PM Kiril Petkov.
Outcome of the war in Ukraine remains up in the air, but oil markets are pricing in a quick resolution
Buying Russian oil is “like eating toxic nuclear waste” again
In the midst of the 1998 financial crisis investor Adam Elstein famously said that he would rather “eat toxic nuclear waste” than buy Russian assets. Russia is back in that place.
Follow us online