…Tellurian is looking to build a $16.8bn export plant in Louisiana to ship LNG overseas, part of a new phase for the six-year-old company that follows a period of heavy restructuring….

Russian President Vladimir Putin has threatened to retaliate against any move by the European Union to cap the price of Russian gas by halting flows completely and suggesting a deal allowing Ukrainian grain to be exported to world markets could be disrupted.

Power and fuel prices have soared as Russia has cut the amount of gas it sends to Europe.

East Timor leader Jose Ramos-Horta on Wednesday said China could help fund a vast fossil fuel project seen as crucial to the nation’s economic future, dismissing Western concerns over Beijing’s growing influence.

Russia has lost nothing and will lose nothing as a result of its military operation in Ukraine, but on the contrary, has enhanced its sovereignty, as the polarization around the world and within the country will bring about some benefits, Russian President Vladimir Putin said at a plenary session of the Eastern Economic Forum (EEF) on Wednesday.

Gazprom and the Sakhalin Region will consider an investment case for a gas condensate and oil refining plant, the Russian gas holding said after signing the agreement on the sidelines of the Eastern Economic Forum (EEF).

Russian Energy Ministry would like to see the recovery of oil production at the Sakhalin-1 project halted by Exxon in this year, Minister Nikolay Shulginov told reporters at the Eastern Economic Forum.

President of the European Commission (EC) Ursula von der Leyen presented proposals of the EC to overcome the energy crisis in the European Union on Wednesday.

As Moscow cuts gas to Europe, hoping to freeze Europe into reducing sanctions, the EU prepares another tranche of support for Ukraine.

Egypt has been working tirelessly to bolster its foothold across Africa by constructing dams and enhancing energy cooperation with other countries.