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Germany inaugurates first new LNG terminal

The German government inaugurated its first floating terminal on Tuesday (15 November), built in record time and intended to receive liquefied natural gas as part of Berlin’s plan to replace Russian gas, with the first regasification ship set to dock in mid-December.

read more... 16/11/2022

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Russia's Rosneft to pay $3.6 bln in first nine-month dividend

Russian state energy company Rosneft said on Monday it plans to pay a dividend on its nine-month results, the first such payment in its history, which is expected to total 216 billion roubles ($3.6 billion) and to boost the nation's budget.

read more... 14/11/2022

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Brussels tables emergency EU permitting rules for renewables

The European Commission on Wednesday (10 November) tabled temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia’s war in Ukraine calls for exceptional measures.

read more... 11/11/2022

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G7 to be ready with details of Russian crude price cap by Dec 5

G7 countries will be ready with all the operational details of a price cap on Russian seaborne crude oil by Dec. 5, when the measure is to kick in, even though many details now remain to be settled, a senior U.S. official said on Friday.

read more... 08/11/2022

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Daily (07.11.2022): Oil prices increased on Friday, impacted by a potential European Union ban on Russian oil

Oil prices increased on Friday, impacted by a potential European Union ban on Russian oil and the possibility of China loosening some COVID restrictions. As such, Brent crude settled 4.1% higher at $98.57 a barrel, while WTI crude soared by 5% to $92.61 per barrel.

read more... 07/11/2022

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