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Exxon sues EU in move to block new windfall tax on oil companies

 U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc's new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.

read more... 29/12/2022

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Putin bans Russian oil exports to countries that implement price cap

President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that abide by the cap.

read more... 28/12/2022

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Japan's Inpex signs 20-year LNG deal with Venture Global

 Inpex Corp, Japan's biggest oil and gas explorer, said on Tuesday that it has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with U.S.-based Venture Global LNG.

read more... 27/12/2022

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First LNG regasified at Wilhelmshaven sent out into German grid

Germany's Uniper on Dec. 21 sent the first LNG regasified at the new floating import terminal at Wilhelmshaven into the German grid, a company spokesperson said Dec. 22.

read more... 23/12/2022

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Equinor plans to invest $1.3 billion in Hammerfest LNG upgrade and electrification

Norwegian energy player Equinor and its partners in the Snøhvit project have revealed plans to invest NOK 13.2 billion (around $1.3 billion) in upgrading the Hammerfest LNG (HLNG) plant at Melkøya with onshore gas compression and electrification.

read more... 21/12/2022

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