Tagged Russia

EU to ban majority of Russian oil imports by year-end

By Nermina Kulovic The European Union leaders have decided to ban almost 90 per cent of Russian oil by the end of the year following an agreement on the sixth round of sanctions against Russia. The post EU to ban… … Read Full Article Here For more great articles: Offshore Energy Today

Rystad: European LNG supply crisis expected in winter 2022

By Sanja Pekic Rystad Energy foresees the LNG crisis making landfall in winter 2022 for European countries dealing with energy insecurity due to Russia’s invasion of Ukraine. The post Rystad: European LNG supply crisis expected in winter 2022 appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News

Germany charters four floating LNG terminals, cutting dependence on Russia

By Naida Hakirevic Prevljak Germany’s government has entered into charter agreements to secure four floating liquefied natural gas (LNG) terminals, representing one of the first big steps to cut the country’s dependence on Russian gas. The post Germany charters four floating LNG terminals, cutting dependence on Russia appeared first on Offshore Energy. Read Full Article…

Earnings double for ExxonMobil despite Russia exit

By Nermina Kulovic ExxonMobil doubled its quarterly earnings and booked a significant increase in revenues when compared to the last year’s quarter. The post Earnings double for ExxonMobil despite Russia exit appeared… … Read Full Article Here For more great articles: Offshore Energy Today