Russia

Schlumberger, Baker Hughes warn of an uncertain future for their work in Russia while Halliburton prepares for a full wind down. In turn, all look to North America for revenue growth.

As Europe’s second-largest LNG hub after Spain, the UK promises to play a near-term role as an “energy bridge” to ease the EU’s dependence on Russian energy, given that the UK can ship regasified product directly to the continent via subsea pipeline.

Forecast increased demand for natural gas globally will keep new US liquefaction projects and additional proposals moving forward.

The US oil and gas company's exit from Russia amid the ongoing military conflict freezes the Russian Far East LNG project and cripples Rosneft’s ambitions to become a competitive global LNG supplier.

Among the biggest questions for crude markets today is where Russia’s export volumes are headed and to whom.

A transatlantic task force will be formed to oversee the EU’s goal of reducing Europe’s dependence on Russian fossil fuels and strengthen European energy security.

Russia is looking like a riskier spot for big service companies to do business, but they are not rushing to get out.

Fresh restrictions will likely impact raw material markets globally as the EU and others attempt to squeeze the Russian economy following its invasion of Ukraine.

The White House has made its latest move against Russian oil and gas interests as it acknowledged that its European partners are not able to take such drastic steps.

The largest US oil and gas company is ending its 25-year presence in Russia following its invasion of Ukraine and subsequent international sanctions.