FSUOGM - Former Soviet Union Oil & Gas
Ukraine’s gas pipelines and storage tanks are safe for now, but not for long
The price of gas on the Dutch TTH spot market soared to a new all-time high of over $3,000 per thousand cubic metres on March 7 as energy traders fear Ukraine's gas pipelines and storage tanks are in danger from the war.
Shell pledges Russian oil profits for Ukrainian aid
US considers Russian oil embargo, Germany resists
Calls for embargo of Russian oil, gas gain traction
Commodity prices spike across the board on the outbreak of war in Ukraine
Commodity prices across the board spiked, with many of them setting new all-time highs as the war in Ukraine goes into its second week, with no sign of ending soon.
Cadogan temporarily ceases production in Ukraine
Azerbaijan exported 0.8 bcm gas to Europe in January
Asian refiners consider their options
Asian refiners appear to be looking at limited impact from Russia’s invasion of Ukraine so far, but are increasingly keen to resume crude imports from Iran.
Poland offers Ukraine gas import capacity
Canada bans Russian oil in response to Ukraine invasion
Canada announced on February 28 that it would ban imports of Russian oil in response to Moscow’s decision to invade Ukraine. It is the first G7 country to impose an embargo on Russian oil.
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.
Azerbaijani oil rises to $116 per barrel
Poland calls for a €100bn Ukraine recovery plan
The Polish Prime Minister Mateusz Morawiecki has announced a €100bn recovery plan for Ukraine, Ukraine Business News reported on March 3.
Lukoil urges peace in Ukraine
Russia’s hopes of switching oil and gas exports from Europe to China could be dashed by Beijing’s net-zero commitments
Beijing’s commitment to reach net zero by 2060 could reduce the potential for Moscow to redirect its gas and oil exports away from Europe towards China
Nord Stream 2 operator denies being insolvent
Azerbaijan's oil production quota within OPEC+ to increase to 682,000 barrels per day in April
Eni ‘to withdraw from Russia to Turkey Blue Stream pipeline company amid Ukraine fallout’
OMV axes Siberian gas acquisition
Nord Stream 2 becoming insolvent
ExxonMobil announces Russian exit
Gazprom shares collapse by 97% in London, market cap falls to just $250mn
The market capitalisation of Russia’s national gas giant Gazprom saw an unprecedented collapse on March 2 to a mere $250mn at the London Stock Exchange, following a single-day drop in its stock price of 97%.
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