Business & Markets
Germany Cannot Rule Out Nord Stream 2 as Means of Pressure, Says Foreign Policy Expert
Germany cannot rule out using the Nord Stream 2 pipeline as a means of pressure against the Kremlin in case of further Russian aggression towards Ukraine.
Russia's Gazprom Has No Europe Gas Exports via Yamal Pipeline Planned Next Month
Gazprom said pipeline exports of Russian gas have tumbled 41% from a year ago so far in January, underlining the impact of a reversal in the Yamal-Europe pipeline.
Saudi-Polish Deal Dents Russian Oil Dominance in Baltic
Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC's top producer in charge of two thirds of Poland's oil supply, eroding previously dominant supplier Russia's leverage.
Russia Urges European Union, Germany to Not Delay Nord Stream 2
Russia on Monday urged Germany and the European Union not to drag its feet over certification of the Nord Stream 2 gas pipeline, which has become a focal point in political disputes.
Canada's Trans Mountain Oil Pipeline Returns to Normal Operating Pressure
Canada's Trans Mountain pipeline returned to normal operating pressure on Saturday, it said in a statement, after functioning at reduced pressure for over a month.
Kazakh Ex-Leader's In-Laws Leave Key Energy Sector Jobs
Two members of former Kazakh president Nursultan Nazarbayev's extended family have resigned from the leadership of state oil and gas shipping companies.
Yamal Gas Pipeline Flows Eastward from Germany to Poland for 27th Day Running
The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, flowed east from Germany to Poland for a 27th successive day on Sunday.
Indian Oil to Invest $944 Million on Gas Sales Network in Nine New Areas
Indian Oil Corp, the country's top refiner and fuel retailer, aims to invest 70 billion rupees ($944.02 million) to build gas sales network infrastructure, including pipelines.
Canary Project Explores “Responsibly Sourced Gas” Possibilities
PureWest Energy LLC took bids on 7% of its Wyoming natural gas output that was certified as coming from net-zero wells that are also certified as being responsibly sourced. PureWest was testing the market.
Aramco Oil Pipelines Investors Miss Funding Goal With $2.5 Billion Bond Sale
A group of institutional investors that took a stake in Saudi Aramco's oil pipelines network sold $2.5 billion in dual-tranche amortizing bonds, significantly below the amount sought.
US Tells Lebanon Not to Fear Sanctions Over Energy Supply Plans, PM's Office Says
Under a plan agreed between Lebanon, Egypt, Jordan and Syria, Egyptian gas would be piped to Lebanon via Jordan and Syria to help boost Lebanon's power output.
Gas Flows Reversed Eastward via Yamal Pipeline for 25th Day
The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, flowed east from Germany to Poland for a 25th successive day on Friday, data from German network operator Gascade showed.
Cruz's Nord Stream 2 Sanctions Bill Fails to Pass in US Senate
The U.S. Senate failed to pass a bill to slap sanctions on Russia's Nord Stream 2 natural gas pipeline sponsored by Republican Senator Ted Cruz, a day after Democrats unveiled their own legislation.
Gazprom Quizzed on High Energy Prices, EU's Vestager Says
The EU's anti-trust chief said she asked gas companies including Gazprom about tight supplies after accusations the Russian giant was holding back extra production.
Gas Flows Reversed Eastward via Russian Yamal Pipeline for 24th Day
The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, saw flows move east from Germany to Poland for the 24th day on Thursday, data from German network operator Gascade showed.
Norway Oil and Gas Output to Rise 9% by 2024, Regulator Says
Norway is set to boost its petroleum output by more than 9% by 2024 buoyed by a jump in investment in the country's biggest export sector.
Illinois Court Vacates Approval of Dakota Access Pipeline Capacity Expansion
An Illinois appellate court vacated approval from the Illinois Commerce Commission to allow expanding the Dakota Access pipeline capacity up to 1.1 million barrels per day.
Russia Undermining European Gas Supply Amid Ukraine Standoff, IEA Says
Russia is contributing to an undersupply of natural gas to Europe, the head of the International Energy Agency Fatih Birol said on Wednesday.
Gas Flows on Yamal-Europe Pipeline Continue to Move Eastward
The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, instead flowed east from Germany to Poland for the 23rd day on Wednesday.
Gas Flows Reversed Eastward via Russian Yamal Pipeline for 22nd Day
The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, instead flowed east from Germany to Poland for the 22nd day on Tuesday.
US Voices Misgivings on EastMed Gas Pipeline, Greek Officials Say
The United States has expressed misgivings on a subsea pipeline designed to supply Europe with natural gas from the eastern Mediterranean.
New England Power Prices Jump to 4-Year High as Region Freezes
Power prices in New England jumped to their highest since January 2018 as homes and businesses cranked up their heaters to escape the region's coldest day of the winter.
Worrying About Moving More Swiftly than Usual
In January 2020, Russia’s government approved a number of acts concerned with rendering new economic benefits and subsidies to businesses or investors willing to engage in projects in the country’s High North.
Russia Making Moves Affecting the Arctic’s Hydrocarbon Future
This is Part 2 of PGJ's article on Russia’s moves under its Strategic Development Act. The strategy gives particular significance to Murmansk Oblast, emphasizing a broad range of complex and multifaceted transformative measures targeting this province.
UGI to Acquire Stonehenge Appalachia Midstream Natural Gas Gathering System
UGI Corporation announced that its subsidiary, UGI Energy Services, agreed to acquire Stonehenge Appalachia for approximately $190 million.
German Social Democratic Party Official Defends Pro-Nord Stream 2 Policy
The Nord Stream 2 pipeline to bring Russian gas to Germany should not be mixed up with political and human rights disputes with Moscow, a senior official from the Social Democratic Party said.
Gas Prices Rise as Russian Pipeline Stays in Reverse After Three Weeks
A pipeline that usually sends gas from Russia to Europe was stuck in reverse after three weeks on Monday, pushing up prices in Europe at a time of political tension.
Enterprise Products to Buy Navitas for $3.3 Billion to Boost Natural Gas Pipeline Network
Pipeline operator Enterprise Products Partners said on Monday it would buy Warburg Pincus-owned Navitas Midstream for $3.25 billion in cash.
Oil Slips, But Gains 5% in the Week on Kazakh, Libyan Concerns
Production in Libya has dropped to 729,000 barrels per day from a high of 1.3 million bpd last year, partly due to pipeline maintenance work.
Gas Flows Eastward via Russian Yamal Pipeline for 18th Day, Volume Eases
The Yamal-Europe pipeline was flowing east from Germany to Poland on Friday for an 18th successive day, albeit at marginally lower levels than on Thursday.
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- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
- Macquarie, Dow Launch $2.4 Billion Gulf Coast Pipeline Infrastructure Partnership
