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US Sour Crude Cargo Sails to Germany as Russia Sanctions Bite
2022-08-09 - The Capricorn Sun tanker loaded Mars Sour crude off the Louisiana coast in the U.S. and discharged at Germany’s port of Rostock on Aug. 3. The tanker was chartered by Shell Plc, according to two sources and Refinitiv ship tracking data
OPEC+ Agree to Boost Oil Production as Biden’s Saudi Visit Looms
2022-06-02 - The White House said it welcomed the decision on June 2 and recognized the role of Saudi Arabia in achieving OPEC+ consensus.
EU, Israel, Egypt Sign Deal to Boost East Med Gas Exports to Europe
2022-06-15 - The EU signed a memorandum of understanding with Israel and Egypt to boost natural gas exports to Europe to offset natural gas usually imported from Russia.
Sempra Strikes LNG Supply Deal with Germany's Largest Power Producer
2022-05-25 - Sempra Energy, the latest U.S. LNG company to assist Europe in its energy crisis, will sell 2.25 million tonnes per annum of LNG to German producer RWE AG as it decreases its dependency on Russian energy.
Putin Says Russia Will Not Mothball Oil Wells Despite West's Import Ban
2022-06-10 - Putin said the West will not be able to completely stop using Russian energy resources over next few years.