Business & Markets
Nord Stream 2 Go-Ahead Could Come in Mid-2022 - Uniper CEO
The Nord Stream 2 pipeline, which is to transport Russian gas to Germany, could get approved in the middle of the year.
US NatGas Gains Over 2% on Rising Demand, Lower Output
Gas output in the Lower 48 states slipped to an average of 94.8 billion cubic feet per day so far in January from a record 97.6 Bcfd in December. Much of that production decline was in Texas and occurred on Sunday.
Archaea Energy Announces Startup of Assai Renewable Natural Gas Facility
Archaea Energy Inc. announced the successful start-up of Project Assai, an RNG facility located at the Keystone Sanitary Landfill in Dunmore, Pennsylvania.
Oil Rises Above $78 on Optimism About 2022 Outlook
Oil gained some support from an outage in Libya. Oil output will be cut by 200,000 barrels per day for a week due to pipeline maintenance.
Russian Gas in Yamal Pipeline Flows East for 14th Day
The Yamal-Europe pipeline which usually sends Russian gas west into Europe was flowing east from Germany to Poland on Monday for a 14th straight day.
Gas Flowing East From Germany Via Yamal Pipeline for 13th Day
The Yamal-Europe pipeline which usually sends Russian gas west into Europe was flowing east from Germany to Poland on Sunday for the 13th straight day.
Ecuador State-Owned Oil Pipeline Restarts Pumping Operations
Ecuador's state-owned SOTE oil pipeline has restarted pumping after works to address erosion in the country's Amazon region were completed.
Colombia Knocks Out Two Illegal Oil Refineries Belonging to Rebel Army
Colombian security forces neutralized two clandestine refineries in the country's northeast which belonged to the rebel National Liberation Army, the defense ministry said.
Putin Says Nord Stream 2 Link Ready to Calm Gas Prices
Russian President Vladimir Putin said the Nord Stream 2 undersea gas pipeline would help to calm a surge in European gas prices and was ready to start exports.
Pemex Plans Sharp Drop in Crude Exports as it Ramps Up Refining
Mexico's Petroleos Mexicanos (Pemex) said it would drastically reduce planned crude exports next year as the state oil company works to meet the government's target of refining all of its oil domestically.
Brazilian Courts Suspend Petrobras Natural Gas Price Hikes
Courts in four Brazilian states have suspended a 50% hike in natural gas prices planned by state-run oil company Petrobras, likely kicking off an intense legal battle.
Biden Administration Offers $1 Billion Loan Guarantee for Hydrogen Project
The Biden administration said it has offered Monolith Nebraska LLC a conditional loan guarantee up to $1.04 billion for a project to make clean hydrogen, in its first use of an office that has tens of billions of dollars in financing.
Gazprom Plans Third Line at Ust-Luga LNG Plant
Gazprom said its board has approved signing a memorandum with Linde and RusKhimAlyans to build a third line at an LNG plant at the Baltic Sea port of Ust-Luga.
China Oil Demand to Peak by 2030 - CNPC research
China's oil consumption is expected to keep growing for a decade on robust chemical demand, reaching a peak of about 780 million tonnes per year by 2030, a research institute affiliated with China National Petroleum Corp said.
Japan to Auction Oil From National Reserves
Japan's industry ministry said it will auction more than 600,000 barrels, of crude oil from its national reserve as a part of a U.S.-led coordinated release of oil reserve to cool rising prices.
Putin Says Europe Only Has Itself to Blame for Surging Gas Prices
The European Union can only blame its own policies for record gas prices as some of its members resell cheap Russian gas at much higher prices within the bloc, Russian President Vladimir Putin said.
Russian Gas Flows via Yamal-Europe Pipeline Reversed for 6th Day
The Yamal-Europe pipeline that usually delivers Russian gas to Western Europe was sending the fuel back to Poland for a sixth straight day on Sunday, according to data from German network operator Gascade.
Russia's Putin Lays Europe Gas Price Crisis Blame on Germany
President Vladimir Putin said on Thursday that Germany was reselling Russian gas to Poland and Ukraine rather than relieving an overheated market.
Russian Gas Flows via Yamal-Europe Pipeline Reversed for 3rd Day
The Yamal-Europe pipeline that sends Russian gas to Western Europe was operating in reverse for a third straight day on Thursday.
Ukraine's Naftogaz Calls for EU Anti-Monopoly Action Against Gazprom
EU competition chief Margrethe Vestager said the bloc asked questions of major energy companies "to understand if there is foul play in the energy market," but it was too early to reach any conclusions.
Russia Says it Hopes Nord Stream 2 Gas Pipeline Will be Certified
Russia hopes the Baltic Sea Nord Stream 2 gas pipeline, which was completed in September but remains idle, will eventually be certified.
US to Dominate Midstream Project Starts in North America Through 2025, GlobalData Forecasts
The United States is likely to start the operations of 169 midstream oil and gas projects from 2021 to 2025, accounting for about 69% of the total upcoming midstream project starts in North America by 2025.
LNG Cargoes Diverted Toward Europe from Asia as Gas Prices Soar
At least ten cargoes of LNG have recently been diverted from Asia to head west drawn by Europe's record high prices amid supply concerns.
Russian Gas Flows via Yamal Pipeline Reversed for Second Day
Russian gas flows via the Yamal-Europe pipeline to Germany continued to flow in reverse mode for a second day on Wednesday, keeping European gas prices high.
Venture Global to Sell LNG to China National Offshore Oil Corp
Venture Global LNG said it has signed a 20-year deal to sell liquid natural gas to a unit of China National Offshore Oil Corp.
US NatGas Futures Edge Up on Soaring Global Gas Prices
United States natural gas futures edged up on Tuesday, shrugging off forecasts for milder weather and lower heating demand next week than previously expected.
Norway's Aker BP in $14 Billion Deal to Buy Lundin Energy's Oil and Gas
Norway's Aker BP will buy the oil and gas business of Sweden's Lundin Energy, forming the second-largest listed petroleum firm on the Norwegian continental shelf.
Gazprom Expects Dividend on 2021 Results at More Than 45 Roubles/Share
Russian energy giant Gazprom expects to pay dividend on 2021 results of more than 45 roubles ($0.6087) per share thanks to high oil and gas prices.
RWE Zeroing in on Green Hydrogen Production Plans
Germany’s RWE, signed a contract with professional services firm Jacobs to study the production and supply of green hydrogen at the Pembroke Power Station in Wales.
European Gas Prices Hit Record as Russian Flows via Yamal Reverse
Westward gas flows through the Yamal-Europe pipeline, one of the major routes for Russian gas to Europe, had been falling since Saturday and, after stopping early on Tuesday, reversed direction.

- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- Energy Transfer to Build $5.3 Billion Permian Gas Pipeline to Supply Southwest
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline