TotalEnergies SE took a $4.1 billion writedown on its flagship Russian gas project and indicated that it may belatedly join its peers in pulling back from the country two months after the invasion of Ukraine. SourceContinue Reading

NOIA President Erik Milito said the Department of the Interior’s announcement that two Calls for Information and Nominations for possible offshore wind leasing areas offshore Oregon and in the Central Atlantic will be published in the Federal Register is welcome news. SourceContinue Reading

Washington Approves More U.S. LNG Exports For Europe | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 27, 2022, 4:30 PM CDT In response to Russia’s move to cut off gas to Poland and Bulgaria, the Biden administration has authorized more LNG shipments from two...Continue Reading

By Charles Kennedy – Apr 27, 2022, 4:00 PM CDT French TotalEnergies will include a $4.1-million impairment on its balance sheet over Russia sanctions that have led to difficulties with its massive Arctic LNG2 project, the company said on Wednesday. TotalEnergies SE has decided to no longer book proved reserves for the Arctic LNG 2...Continue Reading

By Charles Kennedy – Apr 27, 2022, 4:00 PM CDT French TotalEnergies will include a $4.1-million impairment on its balance sheet over Russia sanctions that have led to difficulties with its massive Arctic LNG2 project, the company said on Wednesday. TotalEnergies SE has decided to no longer book proved reserves for the Arctic LNG 2...Continue Reading

Why The EU Needs To Unleash Oil Sanctions On Russia | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – Apr 27, 2022, 4:00 PM CDT The EU...Continue Reading

Carbon Capture Capacity Is Soaring But We Still Need More | OilPrice.com Rystad Energy Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products. Rystad Energy’s… More Info Premium Content By Rystad Energy – Apr 27, 2022, 3:00 PM CDT The global...Continue Reading

Italy May Consider Nationalizing Giant Lukoil Refinery | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 27, 2022, 2:30 PM CDT Government sources have told Reuters that Italy may temporarily nationalize the ISAB refinery owned by Lukoil, Russia’s second-largest oil producer whose CEO resigned after...Continue Reading

ExxonMobil announced three new discoveries offshore Guyana which will increase the estimate of the recoverable resource of the Stabroek Block to nearly 11 billion oil-equivalent barrels. SourceContinue Reading

Russian Hackers Are Targeting Europe’s Renewable Energy Infrastructure | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Apr 27, 2022, 2:00 PM CDT Putin’s war in Ukraine has forced much of...Continue Reading