Ukraine Energy Crisis
| Ukraine >> 11/21/2022 - The European Bank for Reconstruction and Development (EBRD) and the Government of Norway have joined forces to assist Ukraine’s state-owned gas company, Naftogaz (NAK), so it can supply energy to Ukra... |
| Ukraine >> 11/20/2022 - Repeated shelling at the site of Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) evening and this morning damaged buildings, systems and equipment, with some of the explosions occurring near the rea... |
| Germany >> 11/12/2022 - The European Commission has approved a €225.6 million German aid measure to support SEFE Securing Energy for Europe GmbH (‘SEFE GmbH'), previously Gazprom Germania GmbH, currently placed under the tru... |
| Ukraine >> 11/4/2022 - Enwell Energy plc (ENW), the AIM-quoted oil and gas exploration and production group, provides an update regarding further Ukrainian legal proceedings in respect of its Svystunivsko-Chervonolutskyi ex... |
| Norway >> 10/28/2022 - Equinor delivered adjusted earnings* of USD 24.3 billion and USD 6.72 billion after tax in the third quarter of 2022. Net operating income was USD 26.1 billion and the net income was reported
at USD... |
| Russia >> 10/25/2022 - The expansion of solar power in Europe is growing rapidly due to increased renewable energy ambitions and the need to reduce dependence on Russian gas. Statkraft’s Low Emissions Scenario now shows tha... |
| Ukraine >> 10/24/2022 - The European Bank for Reconstruction and Development will commit up to €3 billion over 2022-2023 to help Ukraine’s businesses and economy
keep functioning. ... |
| Ukraine >> 10/14/2022 - The European Bank for Reconstruction and Development (EBRD) and the Government of Canada continue their partnership to support Ukraine’s state-owned gas company, Naftogaz (NAK), so it can deliver crit... |
| Norway >> 10/13/2022 - The heightened focus on energy security and the rising cost of energy is reinforcing the difference in decarbonization speed between Europe and the rest of the world – according to the sixth edition o... |
| Ukraine >> 10/13/2022 - The European Bank for Reconstruction and Development (EBRD) is joining forces with the government of the United Kingdom to back Ukraine’s electricity transmission company Ukrenergo, helping to keep th... |
| Russia >> 10/12/2022 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and Trade of Hungary, took place at Russian Energy Week Internat... |
| Russia >> 10/12/2022 - Alexey Miller, Chairman of the Gazprom Management Committee, and Rustam Minnikhanov, President of the Republic of Tatarstan, today signed the program for gas supply and gas infrastructure expansion of... |
| Italy >> 10/3/2022 - The European Commission has approved, under EU State aid rules, a €2 billion Italian scheme for the reinsurance of natural gas and electricity trade credit risk in the context of Russia's
war agains... |
| Greece >> 10/1/2022 - The Interconnector Greece-Bulgaria (IGB) was inaugurated at the opening ceremony in Sofia, Bulgaria. This event marks the end of the IGB construction, a key route to carry gas from the Trans-Adriatic ... |
| Germany >> 9/30/2022 - The European Commission has approved, under EU State aid rules, a temporary German measure to enable five lignite-fired power plants to be on stand-by and ready to be activated to the extent needed in... |
| Sweden >> 9/27/2022 - The significant pressure drop caused by the gas leak on both lines of the gas pipeline registered leads to a strong assumption of the pipeline physical damage. Nord Stream AG immediately informed the ... |
| Germany >> 9/16/2022 - It was published in the Federal Gazette that Rosneft Germany will be placed under trustee administration. The Federal Network Agency assumes the function of a trustee in accordance with the Energy Sec... |
| Russia >> 9/8/2022 - Halliburton Company (HAL) announced it completed the sale of its Russia operations to a Russia-based management team made up of former Halliburton employees. As a result, Halliburton no longer conduct... |
| United Kingdom >> 9/8/2022 - OEUK responded to Prime Minister Liz Truss’s statement and her announcement of new measures to shield consumers from the surge in energy prices following Russia’s actions in Ukraine and subsequent sup... |
| Russia >> 9/1/2022 - In January-August 2022, Gazprom, according to preliminary data, produced 288.1 billion cubic meters. m of gas. This is 14.6% (49.1 billion cubic meters) less than last year. Demand for the company's g... |
| Russia >> 8/29/2022 - A.P. Moller-Maersk’s (Maersk) terminals business, APM Terminals (APMT) has entered into an agreement to divest its 30.75% shareholding in Global Ports Investments PLC (GPI) to long-standing partner De... |
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Russia >> 8/26/2022 - TotalEnergies publicly shared its principles of conduct for its Russian related business. TotalEnergies reiterated its firmest condemnation of Russia's military aggression against Ukraine and stated t... |
| Russia >> 8/24/2022 - First off, TotalEnergies once again firmly condemns Russia's military aggression against Ukraine, which has tragic consequences for the Ukrainian population and threatens peace in Europe. To act respo... |
| Germany >> 8/17/2022 - Uniper recorded adjusted EBIT of –€564 million in the first half of the 2022 financial year (H1 2021:
€580 million). ... |
| Russia >> 8/16/2022 - In response to the Russian invasion of Ukraine, we have decided to wind down our existing businesses and operations in Russia. Our number one priority is the safety and security of our employees and p... |
| France >> 7/29/2022 - Since Russia's invasion of Ukraine, ENGIE has been actively supporting consumers and the economy. ... |
| Russia >> 7/29/2022 - In the course of its business, the JSC “Latvijas Gaze” purchases natural gas from other suppliers, paying in the EUR currency as required under the regulatory framework effective in Latvia. There are ... |
| Ukraine >> 7/29/2022 - Cub Energy Inc. (“Cub”) (KUB) announces that it has signed a definitive Share Sale and Purchase Agreement (“SPA”) for the sale of its 100% interest in 3P International Energy Ltd (“3P”) and its wholly... |
| France >> 7/28/2022 - French state announces its intention to hold 100% of EDF’s share capital Increased market price volatility exacerbated by the war in Ukraine Strong decline in EBITDA due to lower output in ... |
| Ukraine >> 7/27/2022 - As energy companies in Ukraine work to restore and rebuild sections of the nation's power grid damaged by Russian military action, the country is also preparing for a future centered around renewables... |
| Russia >> 7/22/2022 - The volume of total cargo throughput in the port of Rotterdam was 0.8% higher in the first half of the year (233.5 million tonnes) than in the same period in 2021 (231.6 million tonnes). In many segme... |
| Russia >> 7/21/2022 - Wärtsilä announces that it has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022. All adjustments and closures of Wärtsilä’s operat... |
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Azerbaijan >> 7/18/2022 - Ursula von der Leyen, president of the Commission, and Kadri Simson, commissioner for energy, met with Ilham Aliyev, president, and Parviz Shahbazov, minister of energy for Azerbaijan, to discuss ways... |
| Russia >> 7/16/2022 - Gazprom formally approached Siemens with a request to provide documents that, taking into account the current sanction regimes imposed by Canada and the European Union, would be necessary for transfer... |
| Netherlands/Holland >> 7/14/2022 - Gasunie Transport Services (GTS) has looked into the effects on the Netherlands of a potential one-year total shutdown of Russian gas imports into Europe. The results indicate that, as long as a few r... |
| Russia >> 7/13/2022 - Trafigura has now sold its position in Vostok Oil after considering all of its alternatives regarding its 10% passive, non-operating stock. The non-recourse bank debt that goes along with Trafigura's ... |
| Netherlands/Holland >> 7/7/2022 - The first providers who will supply LNG (liquefied natural gas) via the Dutch port of Eemshaven have been contracted by Gasunie subsidiary EemsEnergyTerminal. 7 billion cubic metres (bcm) of capacity ... |
| Denmark >> 6/27/2022 - Following the further invasion of Ukraine, Russia continues to use natural gas as a political and economic weapon. Russia's energy coercion has put pressure on energy markets, raised prices for consu... |
| Russia >> 6/17/2022 - Russia reducing flows via Nord Stream, outages at Freeport and French nuclear downgrades have sent the European natural gas market into an upward spiral with more volatility still to come. And while s... |
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Russia >> 6/16/2022 - Enel S.p.A. ("Enel") informs that the agreements related to the sale of its entire stake in the share capital of PJSC Enel Russia (“Enel Russia”) have been signed. Specifically, Enel has signed two se... |
| Russia >> 6/9/2022 - In light of European sanctions legislation, Boskalis suspended its activities on a Russian LNG project earlier this year. In response to this decision, the client Saren B.V. was of the opinion that th... |
| Russia >> 6/3/2022 - The passage of the sixth package of restrictive measures on Russia is welcomed by the European Commission. Sanctions are one of the EU's most obvious, direct, and effective responses to Russia's unjus... |
| Estonia >> 6/2/2022 - The Baltic transmissioon system operators Elering, AST and Litgrid have decided to enhance the measures of balancing the Baltic electricity system and avoid the imbalance with the Russian electricity ... |
| Saudi Arabia >> 6/2/2022 - The 29th OPEC and non-OPEC Ministerial Meeting was held via videoconference on 2 June 2022. The Meeting noted the most recent reopening from lockdowns in major global economic centers. It further note... |
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Egypt >> 6/1/2022 - The cabinet's Information and Decision Support Center (IDSC) published a video highlighting future chances for turning Egypt into regional energy hub after Ukrainian crisis and showcasing Europe's fea... |
| Russia >> 6/1/2022 - According to preliminary data, Gazprom produced 211.4 billion cubic meters of gas in January-May 2022. This is a decrease of 4.8 per cent (or 10.6 billion cubic meters) versus the same period of last ... |
| Russia >> 6/1/2022 - CPC-R received an order to rectify violations found by the Federal Service for Supervision of Natural Resources by Mail of Russia on 27 May 2022. The document resulted from an unscheduled on-site insp... |
| Russia >> 6/1/2022 - As of the end of the working day on May 31, Gazprom Export did not yet receive a payment from Shell Energy Europe Limited for the gas supplied in April, which was to be made in compliance with the Rus... |
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Russia >> 5/31/2022 - As of the end of the working day on May 30, Gazprom Export did not yet receive a payment from GasTerra B.V. for the gas supplied in April, which was to be made in compliance with the Russian President... |
| Russia >> 5/31/2022 - EU leaders urged Russia to halt its indiscriminate attacks on civilians and infrastructure, as well as to evacuate all of its troops and military equipment from Ukraine's entire territory within inter... |
| Russia >> 5/31/2022 - EU leaders assessed progress on the phasing out of Russian gas, oil, and coal imports, which should happen as soon as feasible, as promised in the Versailles Declaration, taking into account the diver... |
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Russia >> 5/25/2022 - On 27 February 2022, Equinor decided to start the process of exiting the company’s Joint Ventures
in Russia. Since then, Equinor has halted all new investmen... |
| Russia >> 5/25/2022 - Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij, subsidiaries of Shell plc, have completed the sale of Shell Neft LLC, Shell’s retail stations and lubricants business in Russ... |
| Russia >> 5/16/2022 - According to preliminary data, Gazprom produced 193.8 billion cubic meters of gas from January 1 through May 15, 2022. This is a decrease of 3.7 per cent (or 7.5 billion cubic meters) versus the same ... |
| Russia >> 5/13/2022 - Reference is made to the press release of 8 February 2022, where Viking Supply Ships AB (Viking) announced the award of a multi-season contract for its four ice-classed anchor handling tug supply (AHT... |
| Russia >> 5/12/2022 - Siemens join the international community in condemning the war in Ukraine and are focused on supporting our people and providing humanitarian aid. Siemens will exi... |
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Russia >> 5/12/2022 - Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of Shell plc – have signed an agreement to sell Shell Neft LLC, which owns Shell’s retail and lubricants busine... |
| Russia >> 5/10/2022 - - No Russian gas exports to the EU could slow growth in the EBRD regions by 2.3 per cent - Short-term increase in energy prices would be the main brake on economic growth - Mid-term priorit... |
| Russia >> 4/27/2022 - As announced on March 3, 2022, BASF has not conducted new business in Russia and Belarus, in light of the war of aggression against Ukraine ordered by the Russian government. BASF strongly condemns th... |
| Russia >> 4/21/2022 - PJSC LUKOIL announces that the Company's President and member of the Board of Directors Vagit Alekperov informed the Company about his decision to resign as a member of the Board of Directors of PJSC ... |
| Russia >> 4/20/2022 - Wärtsilä to write-off approximately 200 MEUR related to assets and business operations
in Russia. Wärtsilä strongly condemns ... |
| Russia >> 4/14/2022 - The Gazprom Management Committee took note of the information about the progress of additional gas infrastructure expansion in the constituent entities of the Russian Federation throughout 2022, namel... |
| Russia >> 4/5/2022 - Due to the fact that the Gazprom Group terminated its participation in Germany's GAZPROM Germania GmbH on March 31, 2022, we wish to state the following. GAZPROM Germania GmbH and the com... |
| Russia >> 4/5/2022 - The European Commission (EC) saw the gruesome pictures from Bucha and other areas from which Russian troops have recently left. Yesterday, I conveyed to President Zelenskyy my condolences and assured ... |
| Russia >> 4/1/2022 - On March 31, the Gazprom Group terminated its participation in Germany's GAZPROM Germania GmbH and all assets of the latter, including Gazprom Marketing & Trading Ltd. A corresponding mat... |
| Russia >> 4/1/2022 - On March 31, Executive Order of the President of the Russian Federation No. 172 “On the Special Procedure to Allow Foreign Buyers to Meet their Commitments to Russian Natural Gas Suppliers” was signed... |
| Russia >> 3/29/2022 - Calfrac Well Services Ltd. ("Calfrac") (CFW) announces the suspension of any investments in the Russian Federation as the Company meets its contractual obligations in strict compliance with all applic... |
| Russia >> 3/28/2022 - The energy ministers of the G7 countries and the EU Energy Commissioner met again today at the invitation of Federal Minister of Economics Habeck and discussed Putin's announcement that he would only ... |
| Russia >> 3/23/2022 - The conflict in Ukraine has prompted the European Union and other bodies to impose a number of sanctions on Russia. The extensive import of energy (crude oil, oil products, LNG, coal) is not (yet) aff... |
| Russia >> 3/22/2022 - After the serious and unfounded accusations of "complicity in war crimes" leveled against TotalEnergies, the Company shares with its stakeholders its principles of conduct regarding its Russian relate... |
| Russia >> 3/21/2022 - ?"We are shocked and saddened by the deteriorating situation in Ukraine, and we join many to call upon all parties to urgently work towards a peaceful resolution in the region," said Joseph Elkhoury, ... |
| Russia >> 3/21/2022 - PAO NOVATEK announced that Gennady Timchenko has decided to resign from the Company’s Board of Directors effective 21 March 2022. PAO NOVATEK is the largest independent natural gas produ... |
| Russia >> 3/19/2022 - Baker Hughes (BKR) (“Baker Hughes”) announced it has suspended new investments for its Russia operations. The Company is continuing to comply with applicable laws and sanctions as it fulfills current ... |
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Russia >> 3/18/2022 - Halliburton Company (HAL) announced it immediately suspended future business in Russia as the Company complies with sanctions that prohibit transactions and work, including for certain state-owned Rus... |
| Russia >> 3/18/2022 - Schlumberger provided the following update with regard to its operations in Russia: “We have watched with immense concern as the conflict in Ukraine has escalated,” said Chief Executive Officer ... |
| Russia >> 3/16/2022 - Columbus A/S has entered into an agreement to hand over its Russian business unit to the management of Columbus Russia. As a consequence of Russia’s invasion of Ukraine, Columbu... |
| Russia >> 3/15/2022 - DuPont continues to monitor the escalating crisis in Ukraine. Due to recent developments, DuPont has decided to suspend its business operations in Russia and Belarus. The safety and security of our em... |
| Russia >> 3/14/2022 - After careful consideration of the situation in the Ukraine and the Black Sea as well as the applicable sanctions, ABS has taken the decision to withdraw all Class services involving Russian vessels, ... |
| Russia >> 3/14/2022 - Following the announcement that Equinor has started the process to exit its projects in Russia, a decision has been made that Equinor will also stop trading in Russian oil. This means that Equinor wil... |
| Russia >> 3/10/2022 - As a result of the invasion of Ukraine, DNV will follow international sanctions and the intentions behind them. We are reviewing all ongoing contracts and operations with Russian entities and are wind... |
| Russia >> 3/10/2022 - Worley deeply saddened by the events in Ukraine and support the strong response of the international business community withdrawing from Russia. Worley has begun the safe withdrawal of its services pr... |
| Russia >> 3/9/2022 - GTT is closely monitoring the evolution of the situation in Ukraine and Russia, in close coordination with its partners. The Group expresses its solidarity with the populations who are victims of the ... |
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Russia >> 3/8/2022 - Shell plc (Shell) announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner, al... |
| Russia >> 3/8/2022 - Given the current conditions in eastern Europe, we have suspended substantially all of our sales, distribution and service activities in Russia and Belarus. We continue to evaluate the situation. Our ... |
| Russia >> 3/8/2022 - American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement following an announcement from the White House to ban imports of Russian crude oil and refined products... |
| Russia >> 3/8/2022 - Offshore Energies UK (OEUK), the leading trade association for the offshore energy industry has reiterated its commitment to working with the Government to ensure security of energy supply across the ... |
| Russia >> 3/7/2022 - - Uniper strongly condemns Russian invasion of Ukraine - Uniper has taken decision to record a full impairment loss on its loan to Nord Stream 2 - Divestment process for Russian subsidiary U... |
| Russia >> 3/7/2022 - - €1M donated to aid relief efforts in Ukraine through Solvay Solidarity Fund - Solvay pledges to match employees' private donations Solvay is deeply concerned by the dramatic humanita... |
| Russia >> 3/7/2022 - Ørsted condemns the Russian invasion of Ukraine and has already taken several steps to stop its cooperation with Russian
companies. Ørsted... |
| Russia >> 3/7/2022 - Like the rest of the world, we are shocked and deeply saddened by the tragic events in Ukraine. Wood strongly condemns the invasion and stands with the international community in calling for peace. We... |
| Russia >> 3/7/2022 - Plexus Holdings PLC said Monday that it has suspended activities with its Russian license partner, LLC Gusar, because of the war in Ukraine, and that this isn't expected to materially hurt its financi... |
| Russia >> 3/5/2022 - - Russia will no longer be a core region - Strategic options for Yuzhno Russkoye to be assessed including possibilities to divest or exit - Achimov interest in West Siberian gas field Urengo... |
| Russia >> 3/4/2022 - Clariant, a focused, sustainable, and innovative specialty chemical company, announced it will suspend business with Russia in response to the Russian state’s intolerable acts of violence in the Ukrai... |
| Russia >> 3/4/2022 - Nord Stream AG is a joint venture of five reputable European energy companies, which has been successfully operating the Nord Stream Pipeline for more than 10 years. Nord Stream... |
| Russia >> 3/4/2022 - Russia's terrible attack on Ukraine is also the main topic in the energy world. We are noticing that the situation is raising many questions about the gas we supply. We at Eneco think it is important ... |
| Russia >> 3/2/2022 - - No additional projects in Russia will be advanced or implemented - Payment transactions already stopped - Critical infrastructure will continue to be operated - Joint statement from W... |
| Russia >> 3/1/2022 - The European business community has been united in condemning the invasion of Ukraine by Russia. We have a common concern about the situation. Due to the current situati... |
| Russia >> 3/1/2022 - ExxonMobil supports the people of Ukraine as they seek to defend their freedom and determine their own future as a nation. We deplore Russia’s military action that violates the territorial integrity o... |
| Russia >> 2/25/2022 - “The company continues operating in full and across all directions. Safety, health and care for our personnel and contractors as well as ensuring sustainable and reliable production remain an absolute... |
| Russia >> 2/24/2022 - 62 million tons of the almost 470 million transhipment in the port of Rotterdam is Russia-oriented. Via the port of Rotterdam, many energy carriers are imported from Russia. Broadly speaking, at prese... |
| Russia >> 2/15/2022 - The Gazprom Board of Directors took note of the information about the development and implementation of projects designed to reduce the negative impacts brought about by energy transition processes. ... |
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