The danger and the tool: decarbonising gas and LNG
By creating and offering a full suite of carbon management solutions, major gas producers and exporters can create demand without fears of “locking-in” emissions or building “stranded assets”.
Ukraine
Video: Ukraine special forces reclaim offshore Boika Towers
“The platforms command valuable hydrocarbon resources. However, like Snake Island to the west, they can also be used as forward deployment bases, helicopter landing sites, and to position long-range missile systems,” the MoD said.
Energy infrastructure is a matter of national health and safety
In my view the integrity of the energy system is actually an issue of national health and safety in that its disruption would cause chaos and create a major threat to life as indeed the awful events in Ukraine have shown us only too graphically.
Ukraine opens world’s only wind farm built in major conflict zone
DTEK, Ukraine’s largest private energy investor, has cut the ribbon on a new wind farm, less than 100 miles from the Russian front.
UK homes facing £6,000 bill for imported gas over next 12 years
The Energy and Climate Change Intelligence Unit (ECIU) said that it would not be possible to avoid this by producing more gas domestically, as the UK's North Sea reserves are dwindling.
European leaders agree massive ramp-up in North Sea offshore wind
A group of Western European nations led by Germany and France have committed to massively ramping up the production of clean energy from wind turbines in the North Sea, to both meet climate targets and reduce their strategic energy dependence on Russia.
Leading and learning to enhance energy sector’s HSE performance
The North Sea has been producing oil and gas for over 50 years.
Germany cautious over Nord Stream pipeline attack reports
Germany's defence minister voiced caution on Wednesday over media reports that a pro-Ukraine group was involved in blowing up the Nord Stream gas pipelines in the Baltic Sea last year.
US, German intel points to Ukraine role in Nord Stream explosion
The report went on to say the attack required experienced divers who may have received “specialised government training” at some point.
International SOS: Risk Outlook 2023
As the acute impact of the pandemic subsidies in many countries, organisations worldwide can still expect to encounter significant risks in 2023.
‘We are here with light, with warmth, and with our country’: Ukraine energy chief a year on from Russian invasion
A senior figure in Ukraine’s energy industry delivered a rousing reflection to mark a year to the day since Russian forces launched a full-scale attack.
‘Definite’ rise in defence investors interested in energy following Russia’s Ukraine attack
An energy entrepreneur says there are “definitely” more defence investors interested in the sector following Russia’s invasion of Ukraine, launched a year ago today.
UK oil sector ‘engaged’ with government as Norway prepares for Russian spies
As Norway predicts Russian spies will target its energy sector, the UK oil and gas trade body said it is continuing with "regular engagements" with the UK government on any threats on this side of the North Sea.
Sanctions-proof yuan to Putin’s rescue after oil cap hits budget
The price cap on Russian crude oil exports is starving President Vladimir Putin’s budget of income, though it likely won’t force him to ratchet down spending for years thanks to a $45 billion buffer of yuan reserves.
Ukraine’s largest private energy firm on supplies, sanctions and planning for a green future
As one of the world’s largest exporters of oil and gas, Russia’s inhuman invasion of Ukraine was always going to spark a chain reaction within the industry.
2022 – The year politics failed
Without putting too fine a point on it 2022 has been a disaster for pretty much everyone who didn’t run a hedge fund, is a shareholder in an oil and gas or other energy company or works in a bank and is due a bonus.
Europe’s New Sanctions on Russian Oil Kick In: What Changes?
After months of planning and negotiations, the biggest tranche of sanctions on Russian oil to date take effect on Monday. How big their impact will be remains uncertain.
BP told it must offload Rosneft stake or ‘risk complicity with Russia’s war crimes’
A senior figure in the Ukrainian Government has urged BP (LON: BP) to severe its relationship with Rosneft (MM: ROSN), or “risk complicity with Russia’s war crimes”.
Cyber concerns on the rise amid geopolitical tensions
A Stuxnet-like attack could “very easily happen again”, a cybersecurity expert has warned, as tensions grow following Russia’s continued war against Ukraine.
Putin’s war leaves West more reliant than ever on Asian fuel
The war in Ukraine is strengthening the role of Asia and the Middle East as the world’s main providers of fuels like diesel and gasoline that are crucial to the global economy.
Novatek dodges bond default through shift to ruble payments
Novatek noteholders have agreed to change the terms of a $1 billion Eurobond, letting the Russian company pay in rubles instead of US dollars.
COP27 activists pursue Pouyanne over Russia “blood money”
Activists at COP27 have accosted Patrick Pouyanné, CEO of TotalEnergies, to demand answers about “bloody money” from the company’s Russian operations.
Russia blames UK for Nord Stream sabotage
Russia’s Ministry of Defence has claimed that the UK's navy was behind the attacks on the Nord Stream pipelines last month.
TotalEnergies’ Russian LNG impairment keeps on rising
TotalEnergies has increased its Russia impairment by another $3.056 billion over challenges in its LNG plans.
Russian attacks target Ukraine power plants
Russian attacks on Ukraine have destroyed 30% of Ukraine’s grid, President Volodymyr Zelensky has said.