EurOil - Europe Oil & Gas
MOSCOW BLOG: Recalibrating for the economic war with Russia
OK people. It’s time to recalibrate. The war between Moscow and Kyiv in Ukraine just went global. It’s now a full blown economic war between East and West.
US bans imports of Russian oil and gas
US President Joe Biden announced on March 8 that his country was banning imports of Russian oil and gas, as well as coal.
EU vows to cut Russian gas supply by two thirds within a year
The European Commission has unveiled plans to cut EU gas imports from Russia by 100bn cubic metres within one year. Russia is the bloc's single largest supplier of the fuel, meeting around 40% of its demand.
Shell pledges Russian oil profits for Ukrainian aid
Czechia to strengthen its energy security and gas reserves due to Russia´s invasion of Ukraine
US considers Russian oil embargo, Germany resists
Calls for embargo of Russian oil, gas gain traction
Germany reaches deal on LNG import terminal
Poland offers Ukraine gas import capacity
Spotlight shines on US LNG as Europe grapples with gas questions
US LNG is in the spotlight as Europe urgently considers how it can reduce dependence on Russian gas in the wake of Moscow’s attack on Ukraine.
IEA members to release 60mn barrels amid Ukraine conflict
International Energy Agency (IEA) members led by the US agreed on March 1 to a co-ordinated release of crude oil from emergency stockpiles.
EU’s Green Deal plans could replace 50 bcm of Russian gas imports
The International Energy Agency has outlined how the EU could reduce its gas imports from Russia by one third within a year by boosting green energy and reducing consumption.
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