France Seeks Clarity on Potential TotalEnergies Fuel Links to Russian Army
Le Monde newspaper reported on Aug. 24 that TotalEnergies was involved in supplying gas condensate to make jet fuel that might have been used by Russian warplanes in Ukraine, via the French firm’s stake in a venture with Russia’s Novatek.
Britain Imports No Fuel from Russia in June for First Time on Record
Russia was the U.K.’s largest supplier of refined oil in 2021, the ONS said. By June, there were no imports of refined oil, crude oil, gas or coal, coke and briquettes from Russia.
Russian, Kazakh Crude Exports Hit by CPC Terminal Repairs
The largest oil supplier via CPC, Chevron-led Tengizchevroil (TCO), said its loadings via the route were “currently uninterrupted.” TCO lowered output on its Tengiz oil field in August due to planned maintenance, which is scheduled to finish in September.
Europe Remains Keen on US LNG Despite Reduced Flows
U.S. LNG exports continue to benefit from strong demand in Europe albeit in reduced volumes due to an incident at Freeport LNG’s Quintana Island, Texas liquefaction facility earlier this summer
Europe Braces for More Cuts in Russian Oil and Gas Exports
Caspian Pipeline Consortium (CPC), which handles about 1% of global oil and whose largest shareholder is Russian pipeline firm Transneft, said exports from two of its three mooring points at a Black Sea terminal had been suspended.
Lukoil Says No Lawful Grounds for Postponing Ghana Oil Field Submission
Aker Energy, controlled by Aker ASA, owns 50% of the deepwater block off Ghana where the Pecan Field is located, while Lukoil holds 38%, Ghana National Petroleum Corp. has 10%, and Fueltrade 2%.
Poland's PGNiG in Talks to Get More Gas from Norway Through New Baltic Pipe
After it was cut off from Russian gas supplies in April for refusing to pay in Russian roubles, Poland's PGNiG is in talks with Norway to potentially receive more gas through the Baltic Pipe.
Aker Energy Postpones Ghana Oilfield Plan amid Lukoil’s Involvement
The partners will not submit a development plan for its Pecan oil field to Ghanaian authorities “until the challenges have been resolved,” Aker ASA CEO Oeyvind Eriksen told a call with analysts.
Energy A&D Transactions from the Week of Aug. 17, 2022
Here’s a snapshot of recent energy deals including the sale of Laredo Petroleum’s Howard County properties in the Permian Basin to Northern Oil and Gas for $110 million.
Indian Ship Used to Move Russian-linked Fuel to New York Discovered
“The refined output was put back on that ship and it set sail without a destination. In the mid-seas it received the destination so it reached at its course, went to New York,” India Deputy Governor Michael Patra said at an event to celebrate 75 years of India’s independence.