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

Green Car Congress

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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ExxonMobil to discontinue operations at Sakhalin-1, make no new investments in Russia

Green Car Congress

ExxonMobil is discontinuing operations at Sakhalin-1, and will make no new investments in Russia. The sub-artic Sakhalin-1 Project is one of the largest single international direct investments in Russia. The Russia party is represented by two Rosneft affiliates: RN-Astra (8.5%) and Sakhalinmorneftegaz-Shelf (11.5%).

Russia 284
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EVs are avoiding about 3% of global oil demand—a fifth of Russia's total exports

Green Car Reports

Russia's ongoing invasion of Ukraine has triggered international sanctions throttling the country's oil exports, leading to fears of every higher gas prices. But electric vehicle adoption has been helping make the situation less grim. Plug-in vehicles avoided roughly 1.5

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ONGC: Russia’s Sakhalin-1 oil output at 200,000 bpd

Green Car Congress

India’s state-run Oil and Natural Gas Corp (ONGC) said that oil output from the Sakhalin-1 project in Russia has returned to a plateau level of 190,000 - 200,000 barrels per day (bpd) from zero. In April 2023, Russia’s Rosneft offered dividend payments to OVL against its 20% stake, rather than equity oil. billion dollars.

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

Green Car Congress

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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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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Growth of wind and solar has saved the EU €12 billion since Russia invaded Ukraine

Electrek

Growth of wind and solar power has saved the European Union (EU) €12 billion in avoided gas costs since Russia invaded Ukraine, according to a new analysis from energy think tank Ember. more… The post Growth of wind and solar has saved the EU €12 billion since Russia invaded Ukraine appeared first on Electrek.

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