All articles by Ashima Sharma

Ashima Sharma

“Green” funds accused of greenwashing over oil and gas investments

A think tank found that several pension funds named as supporting the energy transition still hold oil and gas investments.

Wildfires in Canada force shutdown of oil and gas production

Wildfires across Canada’s main oil producing province, Alberta, have disrupted oil and gas production of 280,000 boepd.

Rising oil earnings allow Russia to resume purchase of foreign currency

Russia’s purchase of Chinese Yuan as its primary asset for energy transactions highlights its ability to weather the impact of sanctions.

Sea storage of LNG increases with weak demand and high stocks in North Asia

North Asia’s floating LNG storage reaches a five-year high, driving down spot demand prices.

Ukraine extends ban on gas export to Europe as storage reaches record lows

Ukraine has extended its ban on gas export to Europe amid fears of depleting reserves and disparate domestic prices.

Almost half UK oil spills breach permitted limits: Information request

Companies released oil into UK waters in breach of permitted limits, endangering marine life.

Russian LNG imports to EU increase in 2022, despite political will

Despite political pressure, the EU’s purchase of Russian LNG continues to rise, while legal options to restrict imports remain under negotiation.

Turkey discovers natural gas worth over $500bn in the Black Sea

Turkey’s natural gas finds in the Black Sea can meet country’s household energy demands for next 35 years.

Kazakhstan to increase oil export to Germany in April

Kazakhstan’s increased oil exports will reduce Germany’s dependence on Russian oil but allow Russia to take a cut