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Exxon declares force majeure on Russian Sakhalin-1 operations

(Corrects to February in paragraph 3) By Florence Tan and Sabrina Valle April 27 (Reuters) - Exxon Mobil Corp XOM.N said on Wednesday that its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations, where it has become increasingly difficult to ship crude due to sanctions on Russia. The Sakhalin-1 project produces
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Exxon Mobil may completely withdraw from Russia by June 24 - sources

LONDON, April 21 (Reuters) - Exxon Mobil XOM.N is considering a complete withdrawal from Russia by June 24, two sources familiar with plans told Reuters on Thursday, following the U.S. group's earlier decision to exit from its oil and gas operations in the country. Exxon Mobil removed employees who are U.S. citizens from Russia last month after Mos
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Gas prices lift Norway's March trade surplus to record

OSLO, April 19 (Reuters) - Norway's trade surplus rose to a new record in March, boosted by soaring prices for its gas exports which hit record highs following Russia's invasion of Ukraine, national statistics agency data showed on Tuesday. The March trade surplus hit 138.4 billion crowns ($15.65 billion), beating a previous record of 106 billion s
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Norway plans to expand Arctic oil and gas drilling in new licensing round

By Terje Solsvik OSLO, March 17 (Reuters) - Norway will offer new licenses to drill for oil and gas in its oceans, including previously unexplored acreage in the Arctic, the government said on Thursday, welcome news to Western nations keen to reduce their dependence on Russia. "Access to new, attractive exploration acreage is a pillar in the govern
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Norway announces new oil and gas licensing round in mature areas

OSLO, March 17 (Reuters) - Norway offered new licenses to explore for oil and gas in mature areas of its oceans on Thursday, the government said, part of a plan to extend the country's production of hydrocarbons for decades to come. "New discoveries are crucial for ensuring jobs, value creation and production," Minister of Energy and Petroleum Terj
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Equinor exploring ways to further increase gas output, says executive

By Nora Buli and Nerijus Adomaitis OSLO, March 16 (Reuters) - Equinor EQNR.OL is looking at further options to increase gas production from its fields off Norway in the short-term after receiving a permit to produce more from the Oseberg, Troll and Heidrun fields, a senior executive said on Wednesday. "We're looking into several other options ... W
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Equinor exploring ways to further increase gas output, says executive

OSLO, March 16 (Reuters) - Equinor EQNR.OL is looking at further options to increase gas production from its fields off Norway in the short-term after receiving a permit to produce more from the Oseberg, Troll and Heidrun fields, a senior executive said on Wednesday. "We're looking into several other options ... We're sitting down together with the
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Equinor's Opedal says Europe has little flexibility to increase gas supply - CERAWeek

March 11 (Reuters) - Equinor CEO Anders Opedal said Europe right now has little flexibility to increase its gas supply and that the Norwegian company has boosted its supply to the continent substantially. Opedal, speaking at the CERAWeek energy industry conference in Houston, said it increased its gas supply to Europe from the fourth quarter of 202
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French minister says business interests that aid Russia problematic after TotalEnergies stays put

PARIS, March 10 (Reuters) - European Affairs Minister Clement Beaune said on Thursday that any French business interest that aids the Russian state was "problematic" and that the government was talking to all big corporations. Beaune was responding to a question about whether the decision by oil and gas major TotalEnergies TTEF.PA to stay put for n
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Baltic Pipe won't increase Norway's gas exports in maxed out system, PM says

By Stine Jacobsen COPENHAGEN, March 9 (Reuters) - Norway's gas pipelines to Europe are operating at full capacity, and the addition of a new pipe to Poland later this year will not automatically lead to an increase in exports, Norwegian Prime Minister Jonas Gahr Stoere said on Wednesday. "The Norwegian companies operating the pipelines are doing th
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Norway's Yara cuts European fertiliser output as gas prices surge

OSLO, March 9 (Reuters) - Norway's Yara YAR.OL , one of the world's largest fertiliser makers, is curtailing its ammonia and urea output in Italy and France due to the surge in natural gas prices, it said on Wednesday, in another sign of rising costs for food production. The price of natural gas, which is used in the fertiliser manufacturing proces
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Norway's Yara cuts ammonia and urea output as gas prices surge

OSLO, March 9 (Reuters) - Norwegian fertiliser-maker Yara YAR.OL is curtailing its ammonia and urea output in Italy and France due to the surge in natural gas prices, it said on Wednesday, in another sign of rising costs for food production. Gas prices have increased sharply in recent weeks following the Russian invasion of Ukraine. Yara in Septemb
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Norway's current account surplus soars to record $30 bln in Q4

OSLO, March 2 (Reuters) - Norway's current account surplus rose to a record in the fourth quarter as the price of its oil and gas exports soared, national statistics agency (SSB) data showed on Wednesday. The October-December surplus hit 269.5 billion Norwegian crowns ($30.28 billion), up from 4.3 billion crowns a year earlier. The previous record
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H&M, Oracle and videogame maker EA add to corporate condemnation of Russia

(Recasts with more company action, new sanctions, Ukraine official's plan for corporate outreach) * Oracle shuts operations after tweet from Ukrainian official * U.S., EU roll out new sanctions, with a focus on Belarus * Automakers struggle to get enough parts from Ukraine By Tim Hepher and Nick Carey March 2 (Reuters) - Netflix, fashion outlet H&M
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Apple, Ford other big American brands join corporate wave shunning Russia

* Apple stops Russia sales, makes some app changes * ESG investors support company action * Rouble hits new low By Dawn Chmielewski and Ross Kerber March 2 (Reuters) - Some of America's best-known companies including Apple, Google, Ford and Harley-Davidson rebuked and rejected Russia for its invasion of Ukraine, under steady pressure from investors
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Russian oil trade in disarray over sanctions as prices blast through $100/bbl

* Russian buyers dry up, importers scramble for other supplies * Benchmarks surge above $100/bbl, Russian oil at huge discount * Russia is second largest crude exporter * Traders avoid oil delivered via CPC pipeline - sources By Ron Bousso, Julia Payne and Dmitry Zhdannikov LONDON, March 1 (Reuters) - Russian oil trade was in disarray on Tuesday as
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Russia warns Kyiv residents to flee as stalled invaders shift to bombarding cities

* Kyiv under threat from Russian column * Rockets rain down on second city * Rocket hits TV tower in Kyiv, killing five * Russia says it will push on until goals met * Refugees pack border crossings By Aleksandar Vasovic KYIV, March 1 (Reuters) - Russia warned Kyiv residents to flee their homes on Tuesday and rained rockets on the city of Kharkiv a
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Russia warns Kyiv residents to flee as stalled invaders shift to bombarding cities

* Kyiv under threat from Russian column * Rockets rain down on second city * Russia says will push on until goals met * Refugees pack border crossings By Aleksandar Vasovic KYIV, March 1 (Reuters) - Russia warned Kyiv residents to flee their homes on Tuesday and rained rockets on the city of Kharkiv as Russian commanders intensified their bombardme
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Apple stops product sales in Russia, adding to pressure from shippers, car makers

* West imposes unprecedented sanctions after Ukraine invasion * The world's biggest shipping lines take action * Austria's Raiffeisen Bank looks in to leaving Russia -sources By Jonathan Saul, Stine Jacobsen and Dawn Chmielewski March 1 (Reuters) - American big brands including Apple, Google, Ford and Harley-Davidson on Tuesday stopped sales and di
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Shell to exit Russia after Ukraine invasion, joining BP

* Shell pulls out of giant Sakhalin 2 LNG project * Move to lead to impairments of $3 billion * 'We are shocked by the loss of life in Ukraine,' CEO says By Ron Bousso LONDON, March 1 (Reuters) - Shell SHEL.L will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western ene
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