Russia & CIS

Israel-Turkey Gas Pipeline an Option for Russia-Wary Europe — Sources

A Turkey-Israel gas pipeline is being discussed behind the scenes as one of Europe's alternatives to Russian energy supplies, but it will take complicated maneuvering to reach any deal.

US, German Officials to Meet This Week on LNG, Hydrogen Supplies

U.S. and German government officials will meet with energy executives in Berlin to discuss ways to boost Germany's energy supplies, as Russia's war in Ukraine ratchets up pressure on Europe to find alternate sources of energy.

US Oil Exports Surge, Drawing Crude Away from Storage Hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub are instead being exported via the Gulf Coast.

Russian Gas Flows to Europe Remain Stable

Russian gas deliveries to Europe on three main pipeline routes were stable on Monday, with the Yamal-Europe pipeline continuing to flow eastwards from Germany into Poland.

Sanctions on Russian Oil, Gas Will Hammer Global Market, Novak Says

Germany halted the Nord Stream 2 gas pipeline project, which was designed to double the flow of Russian gas heading direct to Germany, after Russia formally recognized two breakaway regions in eastern Ukraine.

Shell Signs Deal to Receive LNG at Future German Brunsbuettel Terminal

Shell has committed to booking a substantial part of a yet-to-be built landing terminal for LNG at the North Sea port of Brunsbuettel, as companies strive to lower their dependency on Russian pipeline gas.

Russia Warns of Sharp Caspian Pipeline Oil Export Drop After Storm

A storm in Russia's section of the Black Sea has damaged loading equipment of CPC, one of the world's biggest oil pipelines which ships crude from Kazakhstan to global markets.

Gazprom Books 22.1 MMcm/d in Gas Export Capacity at Slovakia-Ukraine Border for April

Russian state gas pipeline monopoly Gazprom booked around 22.1 million cubic meters per day (MMcm/d) of gas transit capacity for exports to Europe.

Russian Gas Flows to Europe Broadly Steady

Russian gas deliveries to Europe on three key pipeline routes were steady overall on Monday, rising via the Nord Stream 1 and easing via Ukraine, while reverse flows on the Yamal-Europe pipeline rose.

Eni Pledges More Gas for Europe to Help Cut Reliance on Russia

Italian energy group Eni said on Friday it could provide extra gas to Europe to help reduce reliance on Russian supplies after Moscow's invasion of Ukraine.

Russian Gas Flows Via Nord Stream 1 Dip in Line with Requests

Russian gas deliveries to Europe via the Nord Stream 1 pipeline declined from normal levels, but were in line with requests for gas, while the Yamal-Europe pipeline remained in reverse mode for a third consecutive day.

Norway's Equinor Confirms Trading Halt in Russian Oil

Equinor said that it had contractual commitments which it struck prior to Russia's invasion of Ukraine, under which it was to receive four oil cargoes in March.

Russian Gas Will Continue to Flow Through Ukraine to Europe, Ukrainian Official Says

Russian gas will continue to flow to Europe through Ukraine as long as the operators of Ukraine’s gas networks are able to function, the head of Ukraine's state energy firm Naftogaz said.

Denmark Resumes Construction of Norway-Poland Gas Link

Construction of the Danish part of Baltic Pipe, which will connect Poland to Norwegian gas fields, is resuming following a nine-month hiatus

CERAWeek: No Short-Term Solution for European Gas Crisis, Says Tellurian CEO

Europeans are very lucky that it was a warm winter, panelists said at a CERAWeek session on Wednesday, referring to an ongoing natural gas crisis that start long before Russia invaded Ukraine.

Russian Piped Gas Deliveries to Europe Remain Stable

The Yamal-Europe pipeline usually accounts for about 15% of Russia's supply of gas to Europe and Turkey but from December 21 until recently had been operating in reverse, which helped drive up European gas prices.

Shell Faces $400 Million Writedown on Russian Downstream Assets

In February, the oil major quit its ventures in Russia with Gazprom and related entities including the flagship Sakhalin 2 LNG plant and the Nord Stream 2 pipeline project.

US Push to Export LNG Amid Ukraine Crisis Slowed by Climate Concerns

White House efforts to boost U.S. LNG exports and cut Europe's reliance on Russian gas after the invasion of Ukraine are proceeding slowly, because of concerns about the impact on climate change.

Gas Security a Growing Worry Due to Russia's Export Dominance

Energy industry leaders said the burgeoning energy crisis is more dire for Europe's natural gas market than its crude oil imports, due to the continent's dependency on Russia.

Eni Suspends the Purchase of Oil from Russia

Italian energy group Eni has suspended the purchase of oil from Russia following its invasion of Ukraine and is watching developments closely with regards to gas procurement.

Russian Gas Continues to Flow into Europe on Main Pipeline Routes

Russian gas delivered through pipelines continued to flow via Poland westward into Germany while flows into Slovakia via Ukraine remained at recent high levels.

Remorseful Shell Abandons Russian Oil

Shell stopped buying Russian crude and said it would phase out its involvement in all Russian hydrocarbons from oil to natural gas over Ukraine, becoming one of the first major Western oil companies to abandon Russia entirely.

Enel Ready to Resume LNG Plan as Italy Steps Up Gas Hunt

Italy's biggest utility Enel is ready to dust off plans to build an LNG terminal in southern Italy as Rome steps up its efforts to find alternative supplies to replace Russian gas.

Europe's Plan to Wean Itself Off Russian Gas

The European Union laid out plans to cut its reliance on Russian gas by two-thirds this year and end it "well before 2030", in a bid to wrest countries free from depending on Moscow for energy.

Biden Bans Russia Oil Imports to US, Warns Gasoline Prices Will Rise Further

U.S. President Joe Biden has banned Russian oil and other energy imports in retaliation for the invasion of Ukraine, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S. energy prices.

Germany's Uniper to Record Full Impairment Loss on Nord Stream 2 Loan

Berlin has halted the Nord Stream 2 Baltic Sea pipeline project, which would have doubled Russian gas flows to Germany, following Russia's invasion of Ukraine, which Moscow calls a "special operation".

Hess CEO: Petroleum Reserve Releases Should Double, Quadruple to Aid Markets

Energy consuming nations should release more crude oil from their strategic reserves to bring down the skyrocketing price of petroleum products, the CEO John Hess said.

United Steelworkers Union Calls on Oil Companies to End Russian Crude Imports

United Steelworkers International President Tom Conway said the union called on their government and employers to cut off all Russian imports of crude oil that would be processed in our domestic refineries.

US Prepared to Move Alone in Banning Russian Oil Imports

The Biden administration is willing to move ahead with a ban on Russian oil imports into the United States without the participation of allies in Europe, after Russia's invasion of Ukraine.

Gas Pipeline in Eastern Ukraine Damaged by Russian Fighting, Local Governor Says

Ukrainian engineers scrambled to repair a gas pipeline damaged by Russian forces, halting supplies to parts of southeastern Ukraine, the Donetsk region governor Pavlo Kyrylenko said.