The Board of Shell plc (“Shell”) announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project.

Ukraine informed the International Atomic Energy Agency (IAEA) today that the country’s nuclear power plants were continuing to be operated safely and securely,

Bechtel and Westinghouse are preparing a front-end engineering design (FEED) for a plant on a site chosen by Poland on the Baltic Sea coast, for the Polish Nuclear Power Plant programme. The FEED is partially funded by a grant from the US Trade and Development Agency.

The Tunisian government is working on a national strategy for solar power generation and aims to reach 3,815 MW of installed solar capacity by 2030,

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure and Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade, reviewed means of strengthening bilateral relations and growing cooperation, particularly in the fields of energy, clean energy, sustainability and water resources.

Europe's top economy has been under pressure from other Western nations to become less dependent on Russian gas, but its plans to phase out coal-fired power plants by 2030 and to shut its nuclear power plants by end-2022 have left it with few options.

Despite the latest unloading of Russian petroleum products in the US, shipments have recently been in decline. US imports of Russian crude oil have fallen to roughly 13,500 b/d since Jan. 1, down from an average of 199,000 b/d in 2021, according to the latest US data, reflecting declining reliance on Russian crude as the Ukraine crisis escalated.

Brent advanced 1.8% to $99.7, WTI rose 1.6% to $97.28.

Обсуждён ход реализации договорённостей в формате «ОПЕК плюс». Подчёркнуто намерение продолжить координацию двух стран в интересах поддержания стабильности на мировом энергетическом рынке.

В ходе встречи стороны обсудили текущую совместную работу России и Белоруссии по формированию объединённых энергетических рынков Союзного государства, в центре внимания было газовое сотрудничество.

Средняя цена на нефть марки Urals в феврале 2022 года сложилась в размере $92,15 за баррель, что в 1,5 раза выше, чем в феврале 2021 года ($60,78 за баррель).

“We are deeply shocked and saddened by the devastating human and economic toll brought by the war in Ukraine. People are being killed, injured, and forced to flee, and massive damage is caused to the country’s physical infrastructure.

Germany will look into all options in response to the likely decrease or stop in Russian fossil fuel deliveries to Germany, including a longer run-time of nuclear and coal-fired power plants, even if those options are unlikely.

The United States aims to instal 30 GW of offshore wind by 2030. At the regional level, New York and New Jersey have set the target of installing 16 GW of offshore wind by 2035.

Russia and India in December signed new energy cooperation agreements, including a contract for Rosneft to ship almost 15 million barrels of crude to India in 2022, according to government and company statements.

OPEC+ members are attempting to regain pre-pandemic output levels by late 2022 through their monthly easing of quotas, but potential disruptions to Russian oil flows put that plan at risk.

Brent rose by as much as $8 and touched as high as $113.02 a barrel, before easing to $111.75, WTI were up $7.24, or 7%, to $110.67 a barrel.

Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of April 2022, as per the attached schedule.

Страны-участницы единогласно приняли решение сохранить договорённости о продолжении увеличения добычи на суммарно 400 тыс. баррелей в сутки в апреле 2022 года.

“The safety and security of nuclear facilities, and nuclear and other radioactive material, in Ukraine must under no circumstances be endangered,” Mr Grossi told the 35-member IAEA Board of Governors.