Archana Rani

Canada to boost oil and gas exports amid Russia-Ukraine conflict

The move is in response to requests made by European countries that are looking to reduce dependence on Russian energy.

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The French energy giant now plans to source gasoil from Saudi Arabia, and crude from Poland.

Uniper, Jera Americas, and ADNOC plan to transport hydrogen from the UAE to Germany using Hydrogenious’ technology.

The deal with Shell would have increased the Russian energy giant’s stake in the refinery to 91.67%.

Germany, and some other countries, claim that the bloc is too reliant on Russian resources.

Planned to be built in Western Australia, the proposed project aims to convert CO₂ into useful products, including ethanol.

Based on the preliminary estimates, the new discovery holds approximately 140 million barrels of oil in place.

The Gippsland Basin Kipper field is expected produce an additional 200PJ of gas during next five years.

The two private equity owners of the company have reached out to buyers for the potential sale.