Courtesy Lukoil
Company News

Lukoil constructs core/reservoir fluids analysis complex

Jan. 9, 2024
Lukoil has opened a new center for core and reservoir fluids research in Perm, Russia.

Russia

Photo 101489709 © Sjankauskas | Dreamstime.com
The turbine is needed for Nord Stream 1's Portovaya compressor station, which pumps gas to Germany through the 1,200-km-long (750-mile) pipeline on the bed of the Baltic Sea (pictured).
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Iran And Russia
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Offshore Technician
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Black Sea
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Ukraine
Home

Invasion of Ukraine prompts energy security concerns, opportunities

April 29, 2022
The energy market’s response to the Russian invasion of Ukraine illustrates the existential importance of reliable crude oil and natural gas supply for transportation and industrial...
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North Sea Dreamstime M 29115315
North Sea & Europe

OEUK says it will work with UK government to phase out Russian oil

March 9, 2022
Time period designed to allow British industries to adjust supply chains.
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Oil Barrels Dreamstime M 120426320
Oil Prices

Crude oil jumps as much as 7% on US ban of Russian imports

March 8, 2022
West Texas Intermediate reaches $128 per barrel.
Courtesy IOG
North Sea & Europe

IOG terminating North Sea gas deal with Gazprom subsidiary

March 2, 2022
IOG is changing its gas sales arrangements for the Saturn Banks project in the UK North Sea following developments in Ukraine.
Courtesy Nord Stream 2 AG
Nord Stream2 619536193db56
Russia

Wintershall Dea writing off Nord Stream investment

March 2, 2022
Wintershall Dea has decided not to advance or initiate any further gas and oil production projects in Russia, following events in Ukraine.