European gas prices surged more than 20% as Russia’s Gazprom PJSC confirmed that it halted gas flows to Bulgaria and Poland, saying it will keep supplies turned off until the two countries agree to Moscow’s demand for rubles — a dramatic escalation with Europe as its invasion of Ukraine presses forward. SourceContinue Reading
European Commission President Ursula von der Leyen warned companies not to bend to Russia’s demands to pay for gas in rubles, as the continent scrambles to respond to Moscow’s move to start switching off supplies. SourceContinue Reading
Oil Prices Unchanged After EIA Confirms Small Crude Inventory Build | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Apr 27, 2022, 9:40 AM CDT Crude oil prices remained largely unchanged today after...Continue Reading
Canada Oil Industry Needs $51 Billion To Decarbonize | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 27, 2022, 9:30 AM CDT Canada’s oil sands producers would need investments amounting to some...Continue Reading
Russia Suspends Gas Deliveries To Poland, Bulgaria | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 27, 2022, 8:00 AM CDT Russia’s state gas major Gazprom has suspended the deliveries of natural...Continue Reading
Four Buyers In Europe Have Paid In Rubles For Russia’s Gas | 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, 7:53 AM CDT Bloomberg: four EU customers have...Continue Reading
Goldman’s Top 5 Shale Plays For 2022 | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Apr 26, 2022, 7:00 PM CDT Blackrock CEO Larry Fink: elevated energy prices “will spur a huge amount of investing.” Goldman Sachs: there...Continue Reading
ExxonMobil Hikes Resource Estimate After 3 New Guyana Discoveries | OilPrice.com Related News By Gandahari Cooray – Apr 26, 2022, 7:00 PM CDT ExxonMobil has increased its estimate of the gross discovered recoverable resource estimate for its Stabroek Block in offshore Guyana to 11 billion oil-equivalent barrels, thanks to three new discoveries at the site....Continue Reading
Trafigura To Sever All Ties With Russia’s Rosneft By May 15th | OilPrice.com Related News By Gandahari Cooray – Apr 26, 2022, 6:30 PM CDT Global commodities giant Trafigura confirmed today that it will stop all crude oil purchases from Russian state-backed Rosneft by May 15th. It is the latest commodities trader to cut ties...Continue Reading
