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G7 to be ready with details of Russian crude price cap by Dec 5
G7 countries will be ready with all the operational details of a price cap on Russian seaborne crude oil by Dec. 5, when the measure is to kick in, even though many details now remain to be settled, a senior U.S. official said on Friday.
read more... 08/11/2022
G7 coalition has agreed to set fixed price for Russian oil
The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price cap on Russian oil later this month, rather than adopting a floating rate, sources said on Thursday.
read more... 04/11/2022
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Germany could seize property to speed LNG build-out
Germany, racing to end its reliance on Russian gas, plans to introduce new regulation that will make it possible to expropriate property to link offshore liquid natural gas terminals to the grid, Handeslblatt reported.
read more... 02/11/2022
Italy commissioner approves contested gas terminal
A state-appointed commissioner gave the green light Tuesday to a contested new liquefied natural gas (LNG) terminal considered crucial to Italy's plan to wean itself off Russian gas.
read more... 27/10/2022
Aker BP sees Sverdrup oilfield's second phase starting early December
Norway's giant Johan Sverdrup oilfield is expected to start Phase 2 production in early December, Aker BP, a partner in the Equinor-operated field, said on Wednesday, later than its previous forecast of October.
read more... 27/10/2022