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Escobar: How Russia Will Counterpunch The US/EU Declaration Of War Authored by Pepe Escobar via The Saker blog, Only self-sufficiency affords total independence. And the Big Picture has also been keenly understood by the Global South … One of the key underlying themes of the Russia/Ukraine/NATO matrix is that the Empire of Lies (copyright Putin) has been rattled to the core by the combined ability of Russian hypersonic missiles and a defensive shield capable of blocking incoming nuclear missiles from the West, thereby ending Mutually Assured Destruction (M.A.D.) This has led the Americans to nearly risk a hot war to be able to place hypersonic missiles that they still don’t have on Ukraine’s western borders, and so be within three minutes of Moscow. For that, of course, they need Ukraine, as well as Poland and Romania in Eastern Europe. In Ukraine, the Americans are determined to fight to the last European soul – if that’s what it takes. This may be the last roll of the (nuclear) dice.

Norwegian energy giant Equinor and UK-headquartered A Brooklyn marine terminal is going to become a major offshore wind hub appeared first on Top Tech News .

Russia is struggling to sell oil as buyers flee the stigma, logistical challenges and fears of further sanctions that come with dealing with Moscow in the wake of the Ukraine invasion.Even without direct sanctions on its energy industry Russia will lose around one million barrels per day (bpd) in oil exports, according to analyst Jarand Rystad, head of Rystad Energy, from the 10.5 million bpd it sold last year.That is despite the scarcity of global supplies sending prices soaring.Brent North Sea crude oil -- the industry benchmark -- rocketed this week to nearly $120 per barrel, while gas hit a record peak.OPEC and other major oil exporters, including Russia, refused to increase production beyond previously-agreed levels when they met on Wednesday, dashing hopes of easing supply pressures.The price might be working in Russia''s favour, but it faces a major freeze-out from buyers.Energy Aspects estimates that 70 percent of its oil exports are paralysed as brokers and refineries shun Moscow in spite of the red-hot market.

BP <> and Equinor <> say they signed an agreement to turn the South Brooklyn Marine Terminal complex in New York into a major regional hub for offshore wind.BP and Equinor…

Oil and Natural Gas Corp (ONGC) said on Thursday it did not foresee any challenge in selling its share of crude from Russian oilfields or repatriating dividends from there in the current situation."Based on present applicable sanctions and removal of five Russian banks from SWIFT arrangement, the company does not foresee any challenge in selling crude oil or repatriating dividends except that scrutiny of financial transactions may be higher than usual," ONGC Videsh, the overseas arm of state-run explorer, said in an emailed response to ET. "ONGC Videsh banks in Russia are not affected by SWIFT cut off as of now as per our information," it added.Oil prices rallied to $119 per barrel on Thursday on fears that Russian supplies will be disrupted by the volley of Western sanctions that are aimed at non-energy sectors. Cautious financiers, insurers, and traders are steering away from Russian oil cargoes. "As of now, we have not faced any issues (in selling crude)," ONGC said.ONGC didn''t clearly say if it was rethinking its investment plan in Vostok, Russia''s massive arctic oil project. "Considering the dynamic nature of the development as a result of the Russia-Ukraine conflict, ONGC Videsh is keeping a close watch on the development," the company said on Vostok plans.Sources told ET that Western sanctions would make it nearly impossible for ONGC to raise capital for investment in the massive Vostok project.

In response to Russia’s invasion of Ukraine, British energy giant BP announced on February 27 that it will sell its nearly 20% ownership in Russian state-owned energy giant Rosneft. BP’s rival Shell is also pulling out of all of its operations in Russia, as are US energy giant ExxonMobil and Norway’s state-controlled company, Equinor. These […] The post Shell, BP, ExxonMobil leaving Russia after decades appeared first on Asia Times .

The implications of the Russian-Ukrainian conflict are becoming clearer. Which companies are likely to see significant negative impacts? Click here to find out.

Companies around the globe have answered Russia’s invasion of Ukraine by putting a hold on business or fully exiting operations in Russia. This comes in addition to the harsh economic sanctions rec

Shell joined BP in announcing it will leave all its Russian operations, including a major liquefied natural gas plant, following on Moscow''s invasion of Ukraine. Earlier BP also abandoned its share in Russian oil giant Rosneft, a move that could cost the British company over US$25 billion.

HOUSTON, USA – Exxon Mobil has begun removing employees who are US citizens from Russia, according to two people familiar with the matter. The departures include staff from its large oil and gas production operations on Sakhalin Island in Russia’s Far East. Exxon last year employed more than 1,000 people across Russia with offices in Moscow, Saint Petersburg, Yekaterinburg, and Yuzhno-Sakhalinst, according to its website. The number of expatriate staff being evacuated was unclear on Tuesday, March 1. The company sent a plane to Sakhalin Island to retrieve staff, one of the people familiar with the matter said. Exxon operates three large offshore oil and gas fields with operations based on Sakhalin Island. It has been advancing plans to add a liquefied natural gas export terminal at the site. An Exxon spokesperson did not reply to a request for comment. “Exxon’s Russian business is relatively small in the context of its wider enterprise, so it does not have the same significance as it has to BP or TotalEnergies, if it were to abandon its Russian assets,” said Anish Kapadia, a director at energy and mining researcher Pallissy Advisors.

TotalEnergies <> said it will no longer provide capital for new projects in Russia, but made no mention of potentially divesting from Russia after BP, Shell and Equinor…

European stocks declined on Tuesday with attention still trained on the isolation of Russia from global financial markets after its invasion of Ukraine.

The company’s decision to stop providing capital for new projects in Russia falls short of the exits announced by BP, Shell and Equinor.

SAN FRANCISCO , March 1, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Carbon Capture and Storage - Global Market Trajectory & Analytics" . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCE What''s New for 2022? Global competitiveness and key competitor percentage market shares Market presence across multiple geographies - Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to our digital archives and MarketGlass Research Platform Complimentary updates for one year Edition: 22; Released: February 2022 Executive Pool: 12189 Companies: 90 - Players covered include Archer-Daniels-Midland Company; BP plc; Chevron Corporation; Emissions Reduction Alberta; Equinor ASA; GE Power; HTC CO2 Systems Corp.; Japan CCS Co., Ltd.; Schlumberger Limited; SNC-Lavalin Group, Inc.; Svante Inc. and Others.