Wintershall Dea intends to fully exit Russia following a principle decision of the Management Board, approved by the Supervisory Board.
Oil fundamentals still lead, growth in energy transition-related investment opportunities on the rise.
Brazilian attorney, Ricardo Magro anticipates that the European winter will be marked by the gas economy.
The significant drop in export volumes to Europe is taking a substantial bite out of Russian revenues, which in turn means that some projects will be delayed by at least three to four years.
Europe is investigating what caused three pipelines in the Nord Stream network to burst in an act of suspected sabotage near Swedish and Danish waters.
As the methane emissions subside, the blasts have redrawn the global gas trading map, according to climate data company Kayrros.