Russia
News
March 09, 2022
Russia’s invasion of Ukraine has brought a wartime energy transition to Europe. The continent’s decades-long timelines for overhauling energy supply systems that support more than 440 million people are now being revved up under extraordinary duress.
News
March 08, 2022
Energy Workforce and Technology Council CEO Leslie Beyer said their industry supports the Administration’s continued sanctioning of Russia, including the most recent ban on imports of Russian oil.
News
March 08, 2022
The world and energy market are at a point in history, as important as the end of both world wars, and that was true before the Russian invasion of Ukraine, said Atlantic Council President and CEO Frederick Kempe.
News
March 08, 2022
Brent crude futures surpassed $132 a barrel while West Texas Intermediate rose to $128. The Biden administration is poised to impose a ban on U.S. imports of Russian energy as soon as Tuesday.
News
March 07, 2022
United Steelworkers International President Tom Conway said the union calls on their government and employers to cut off all Russian imports of crude oil that would be processed in our domestic refineries.
News
March 07, 2022
Brent crude soared almost 18% to just shy of $140 a barrel at the open in Asia following news over the weekend that the U.S. and its European allies are discussing a possible ban on Russian oil exports.
News
March 06, 2022
The U.S. House is exploring a bill that would ban the import of Russian oil and energy products, as a steady stream of companies pulled out of the country in response to Moscow’s invasion of Ukraine.
News
March 04, 2022
After taking a barrage of criticism for buying a cargo of Russian crude, Europe’s largest oil company Shell Plc says it’s navigating the market with government guidance.
News
March 04, 2022
We think it’s important to actually quantify the extent to which the U.S. is importing Russian crude and products. Politicians have referred to “Russian oil” as if all imports from that country are strictly crude oil. This is not true.
News
March 03, 2022
The Biden administration’s objections to banning oil imports from Russia puts it at odds with a bipartisan clamor to punish Moscow for the invasion of Ukraine despite the inevitable pain it would cause by soaring gasoline prices.
News
March 03, 2022
Canada is ratcheting up sanctions on Russia in response to the invasion of Ukraine in coordination with Western allies, unveiling new restrictions on energy companies and steep tariffs on exports.
News
March 03, 2022
Western European nations are scrambling for ways to live without Russian natural gas, bracing for the possibility that either the Kremlin switches off the taps or political pressure for tighter sanctions erupts into a full energy embargo.
News
March 02, 2022
Wintershall Dea AG will write off its financing of the Nord Stream 2 natural gas pipeline project totaling as pressure grows on energy companies to exit business interests connected to Russia.
News
March 02, 2022
The Biden administration it is seeking to degrade Russia’s status as a top world producer of oil and natural gas by restricting exports of the technology that enables those flows.
News
March 02, 2022
Exxon Mobil Corp. plans to cede its stake in a Russian oil development to Kremlin-controlled Rosneft PJSC and other partners as sanctions make it harder to operate in the country.
News
February 28, 2022
Shell Plc is exiting its Russian gas ventures, including a massive LNG facility, after the invasion of Ukraine changed the rules of engagement between Western companies and Moscow.
News
February 28, 2022
Norway’s biggest energy company Equinor ASA joined U.K. energy giant BP Plc in starting to withdraw from Russia in response to the invasion of Ukraine.
News
February 27, 2022
BP Plc moved to dump its shares in oil giant Rosneft PJSC, taking a financial hit of as much as $25 billion by joining the campaign to isolate Russia’s economy.
News
February 27, 2022
While oil last week briefly passed $100 a barrel for the first time since 2014, the gains were partly reversed as the U.S. and European nations avoided sanctioning Moscow’s massive energy supplies for punishment.
News
February 25, 2022
The impact of Russia’s invasion of Ukraine rattled global markets. There will be lasting implications for commodities, energy policy and the energy transition.
News
February 25, 2022
The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said Friday.
