March 2022
![March 2022](/cache/03-22/russia-qatar-flag-2.15fca4c9.jpg)
2022, March, 15, 15:05:00
RUSSIA, QATAR ENERGY RELATIONS
"We have good prospects and a common interest in continuing coordination on the global energy market, including within the framework of the Gas Exporting Countries Forum," Lavrov said at a press conference in Moscow following talks with his Qatari counterpart.
![March 2022](/cache/03-22/gas-028.e3ddeebd.jpg)
2022, March, 15, 15:00:00
AZERBAIJANI GAS FOR EUROPE
Azerbaijan is willing to increase its gas supply to Europe via Turkey amid persisting concerns over natural gas supplies after Russia's invasion of Ukraine,
![March 2022](/cache/03-22/saudi-020.797e6e24.jpg)
2022, March, 15, 14:55:00
SAUDI INVESTMENT FOR CHINA
Saudi Arabia's national oil company Saudi Aramco has taken the final investment decision (FID) to participate in the development of a 300,000 bbl/d refinery in the city of Panjin, in China’s Liaoning Province.
![March 2022](/cache/03-22/saudi-021.33e8b1b2.jpg)
2022, March, 15, 14:50:00
SAUDI INVESTMENT $152 BLN
Saudi National Development Fund to inject SR570 billion ($152 billion) in the Kingdom’s economy by 2030
![March 2022](/cache/03-22/japan-65.5fc0be3f.jpg)
2022, March, 15, 14:40:00
JAPAN'S LNG INVESTMENT
Japan also intends to work on renewables and nuclear power in a bid to further diversify its energy sources, as part of its response to the G7 joint statement, which calls for reducing Russian energy dependency in phases, Hagiuda said.
![March 2022](/cache/03-22/germany-011.2cb03a85.jpg)
2022, March, 15, 14:35:00
GERMANY'S WIND ENERGY 1.3 GW
The German Federal Network Agency (Bundesnetzagentur or BNetzA) has published the results of the latest tenders for onshore wind with a bidding date set for 1 February 2022.
![March 2022](/cache/03-22/price-7.8948ebc1.jpg)
2022, March, 14, 11:55:00
OIL PRICE: NEAR $110 ANEW
Brent were last down by $3.81 or 3.4% at $108.86 a barrel, WTI eased $3.85 or 3.5% to $105.48 a barrel.
![March 2022](/cache/03-22/price-004.11b7cd94.jpg)
2022, March, 14, 11:50:00
RUSSIA GUARANTEES ENERGY SECURITY
"Russia remains a reliable supplier, a world-class guarantor of energy security. We value this reputation, but are ready for a harsh confrontation in the energy sector, if the need arises,"
![March 2022](/cache/03-22/price-1.3acc06af.jpg)
2022, March, 14, 11:45:00
EUROPE WITHOUT RUSSIAN GAS
As it stands, Russia supplies some on average 1,600TWh of gas per year to Europe which represents 40% of Europe’s needs.
![March 2022](/cache/03-22/usa-081.dc772c8c.jpg)
2022, March, 14, 11:40:00
U.S. EMPLOYMENT UP BY 678,000
Total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged down to 3.8 percent