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EIA: US, Qatar and Russia provided almost 70% of liquefied natural gas received in Europe in 2021

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In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and Russia. Natural gas supply constraints in Europe and the low storage inventories of the past year contributed to recent increases in US LNG exports to Europe. Bcf/d in 2021, compared with 11.8

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T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

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Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. C carbon budget.

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EIA: US exported record amounts of petroleum products in the first half of 2022

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In the first half of 2022 (January–June), US exports of petroleum products averaged nearly 6 million barrels per day (b/d), the most first-half-of-year exports in Petroleum Supply Monthly data, going back to 1973, according to the US Energy Information Administration (EIA). US propane exports averaged 1.4

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Nissan to begin production of Pathfinder hybrid in Russia; importance of Russian market

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Nissan’s all-new fourth-generation Pathfinder—which will be built in Russia—will be available with a standard 3.5L Production of Pathfinder’s hybrid engine variant will make the St. Petersburg plant Russia’s first to produce a hybrid. Pathfinder production is being added to Nissan’s manufacturing operations at St.

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EIA expects continued high prices for diesel and home heating oils

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EIA sees additional uncertainty in the global marketplace for distillates and other fuels as the European Union plans to ban imports of petroleum products from Russia in early 2023. We expect notable decreases in electricity generation from natural gas and coal next year. EIA forecasts Russia will produce 9.3

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Russia ponders using EV subsidies to boost the economy and surge local manufacturing

Teslarati

Russia’s Economy Ministry said earlier today that it has plans to utilize subsidy programs to boost the manufacturing and purchase of locally-built electric vehicles. The program could stimulate the economy and provide a surge to local manufacturing efforts, despite being a region that has long supported and depended on oil and gas.

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When Will Russia Run Out Of Oil?

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Russia’s exploration activities, which were hit not only by plummeting oil prices but also by a targeted sanctions regime, suffered a double blow during this period. In 2015, only seven new hydrocarbon discoveries were made in Russia, three of them in the Baltic Sea. When will Russia run out of oil? million tons.

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