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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. In January 2022, the United States supplied more than half of all LNG imports into Europe for the month. Pipeline flows of natural gas from Russia decreased during 2021. Bcf/d in 2020 and 14.1

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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

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Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. Rosatom’s ambition is to produce and to store decarbonized hydrogen, and take part in pilot projects in Russia and across the world. million customers, 28.1

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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. C carbon budget.

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AVTOVAZ trying to work around Renault pull-out

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The Renault Group suspended its industrial activities in Russia on 23 March ( earlier post ). Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia.

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Volkswagen Group lays foundation stone for new engine plant in Russia; part of $1.1B investment in Russia over next three years

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From 2015, the Group will supply its vehicle assembly plant at Kaluga and contract production at the GAZ plant in Nizhny Novgorod with the locally produced engines. The Volkswagen Group is the largest foreign automobile investor in Russia. billion) in local production and new models for Russia.

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EIA expects continued high prices for diesel and home heating oils

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Inventories are just one part of the supply equation for diesel and other distillates. 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. EIA forecasts Russia will produce 9.3

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

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