Europe

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.

E.ON CEO Warns Power Prices Will Not Ease in Coming Months

E.ON CEO Leonhard Birnbaum does not expect high power prices to ease soon, he warned in an interview with German paper Sueddeutsche Zeitung on Monday.

BP to Buy Out US Pipeline Partnership in $723 Million Deal

BP will acquire the remaining stake in its U.S. pipelines partnership BP Midstream Partners LP that it doesn't already own in a more than $700 million deal.

Gas Prices Surge in Europe as Russian Yamal Pipeline Exports Fall

European natural gas prices jumped more than 8% on Monday, nearing an all-time high, with Russian deliveries to Germany through the Yamal-Europe pipeline at very low levels.

Russian Gas Exports to Europe Via Yamal Pipeline Fall Again

Russian natural gas deliveries to Germany through the Yamal-Europe pipeline have fell again on Sunday after rising briefly from Saturday levels, data showed.

Nord Stream 2 Starts Filling Second Pipe with Natural Gas

Nord Stream 2 AG started filling its second pipe with natural gas, stepping up preparations to launch a project that has sparked global political tensions and is yet to get the green light from Germany.

British, EU Gas Prices Soar as Less Russian Gas Expected on Friday

British and European wholesale gas prices closed at record highs after data indicated Russian gas exports to Germany through the Yamal pipeline were not expected on Friday.

Nord Stream 2 Won't Go Live in First Half of 2022, German Regulator Warns

The German energy regulator's eagerly-awaited decision on fully certifying the Nord Stream 2 gas pipeline won't come in the first half of next year, it said on Thursday.

Russian Gas Exports to Europe via Yamal Pipeline on the Rise

Russian natural gas deliveries to Germany through the Yamal-Europe pipeline have increased in the early hours of Wednesday.

Gazprom's European Gas Export Growth Slows to 4.8%

The pace of Gazprom's natural gas exports' growth to Europe has been gradually slowing in recent months to just under 5% from double digits seen earlier in the year.

Europe Facing Record Low Gas Storage by Winter's End

Europe's gas storage levels could hit record lows by the end of the winter heating season due to an early cold spell and muted Russian flows, data showed.

Lukashenko Reiterates Warning on Gas Transit Blockade to Europe

Belarus' leader Alexander Lukashenko has again warned that Minsk could suspend the transit of natural gas across its territory to Europe.

Nord Stream 2 Gas Unlikely to Flow if Russia Renews Ukraine Aggression, US Says

Gas is unlikely to flow through the Nord Stream 2 pipeline if Russia renews its aggression against Ukraine, U.S. Secretary of State Antony Blinken said.

EU Tells Russia Aggression Against Ukraine Would "Come at a Price"

The head of the European Commission declined to say outright if such a move by Moscow would trigger EU sanctions against the Russian gas pipeline Nord Stream 2.

Belarus Oil Firm Cancels 2022 Druzhba Pipeline Exports to Germany After EU Sanctions

Belarusian oil company Belorusneft has cancelled its 2022 export plans to Germany via the Druzhba pipeline following new European Union sanctions on the company.

Polish PM Tells Germany's Scholz Not to 'Give in' Over Nord Stream 2

Poland's prime minister said he would call on Germany's newly appointed Chancellor Olaf Scholz to oppose the start-up of Nord Stream 2.

US Has 'Understanding' With Germany to Shut Nord Stream 2 Pipeline if Russia Invades Ukraine

United States officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday.

Spain's October Natural Gas Imports Rise 40.6% from October 2020

Spain imported 40.4 GWh of natural gas in October, 40.6% more than during the same month last year, data from Cores, an independent arm of the Energy and Environment Ministry that monitors energy supplies, showed.

Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay

Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.

Global News December 2021

German Regulator Stalls Nord Stream 2, Ida Reduced Gas Production More Than Any Hurricane in Past Decade, Israeli Energy Minister Proposes Ending UAE Pipeline Deal and more are included in this month's global headlines.

Kremlin Hopes Belarus Won't Stop Gas Transit to EU Amid Migrant Crisis

Russia hopes Belarus will not suspend gas transit to Europe, the Kremlin said on Wednesday, after Belarusian President Alexander Lukashenko threatened to block shipments as part of a crisis over migrants at the border.

Ukraine's Naftogaz Says Russia-EU Gas Transit Deal May Not be Renewed

Ukraine's state energy firm Naftogaz has no power to halt the Nord Stream 2 pipeline being built between Russia and Germany, despite its role in the certification process, while its own transit deal with Russia may not be renewed.

Germany Said to be Working with US on Nord Stream 2 Deal

Germany's foreign ministry said it continued to coordinate closely with the U.S. administration on implementing a joint declaration on the $11 billion pipeline.

Snam Buys Stake in Algerian Pipelines to Pave Way for Hydrogen Highway

Italy's Snam has agreed to buy a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.

Greece Teams Up With Egypt on Gas Supply, Infrastructure

Greece and Egypt agreed to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.

Delay to Nord Stream 2 Pipeline May Be Short - Analyst

The suspension of the approval process for the Russian Nord Stream 2 pipeline by a German regulator could be short-lived as Europe is hungry for more gas, an analyst said after meeting officials of Russian state gas giant Gazprom.

Seaborne, Saudi Oil Supplies to Poland at Highs Amid Belarus Tensions

Poland raised its seaborne oil imports as well as crude supplies from Saudi Arabia to multi-year highs in October amid tensions with neighboring Belarus and talks on new supply deals with Russia, according to Refinitiv Eikon data and traders.

US to Release Oil from Reserves; OPEC+ Rebuffs Call for More Crude

The United States said on Tuesday it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain to cool prices after OPEC+ producers repeatedly ignored calls for more crude.

Gas Flows to Germany Via Yamal Pipeline Steady Amid Price Volatility

Russian natural gas flows through the Yamal-Europe pipeline to Germany have been steady for the past 24 hours on Friday, data from Gascade showed, while gas prices have been volatile amid the uncertainty over a major pipeline.

Europe's Gas Firms Prime Pipelines for Hydrogen Highway

As world leaders hammered out a deal last week to slow climate change, gas engineer Michele Ricciardi was digging into a practical problem: How thousands of miles of pipelines across Italy and Europe can safely carry hydrogen.