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    • Courtesy Lukoil
    Lukoil
    Production

    Lukoil discovers Caspian Sea gas field

    Feb. 7, 2023
    Lukoil has proven a large new gas-condensate field in the Russian sector of the Caspian Sea.

    Russia

    Courtesy Nord Stream
    Nord Stream Castoro Sei Welding Of Pipes
    Courtesy Nord Stream AG
    Nord Stream AG successfully completed all planned maintenance work on both strands of its pipeline within the allotted time, and gas transport resumed on July 21.
    Photo 157093581 © Svershinsky | Dreamstime.com
    Iran And Russia
    Courtesy Nord Stream
    The Nord Stream pipelines pass through the territorial waters and/or Exclusive Economic Zones of Russia, Finland, Sweden, Denmark and Germany.
    Photo 136003517 © Pichit Boonhuad | Dreamstime.com
    Offshore Technician
    Photo 97864026 © Marko Bukorovic | Dreamstime.com
    Black Sea
    Photo 128817239 © Evgeniy Parilov | Dreamstime.com
    Ukraine
    Photo 29115315 © Denis7563 | Dreamstime.com
    North Sea Dreamstime M 29115315
    North Sea & Europe

    OEUK says it will work with UK government to phase out Russian oil

    March 9, 2022
    Time period designed to allow British industries to adjust supply chains.
    ID 120426320 © Artem Egorov | Dreamstime.com
    Oil Barrels Dreamstime M 120426320
    Oil Prices

    Crude oil jumps as much as 7% on US ban of Russian imports

    March 8, 2022
    West Texas Intermediate reaches $128 per barrel.
    Courtesy IOG
    North Sea & Europe

    IOG terminating North Sea gas deal with Gazprom subsidiary

    March 2, 2022
    IOG is changing its gas sales arrangements for the Saturn Banks project in the UK North Sea following developments in Ukraine.
    Courtesy Nord Stream 2 AG
    Nord Stream2 619536193db56
    Russia

    Wintershall Dea writing off Nord Stream investment

    March 2, 2022
    Wintershall Dea has decided not to advance or initiate any further gas and oil production projects in Russia, following events in Ukraine.
    Courtesy Sakhalin Energy
    The PA-B production platform offshore Sakhalin, eastern Russia.
    Russia

    Majors start process of exiting Russian E&P

    March 2, 2022
    A number of international operating companies have announced plans to divest their interests in Russian oil and gas projects in response to Russia’s invasion of Ukraine.