Russia & CIS
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.
Japan to Release 7.5 MMbbl of Oil Reserves in IEA-led Global Action
The volume makes up 12.5% of a planned coordinated release of 60 MMbbl of oil reserves that the U.S. and other members of the IEA agreed to compensate for supply disruptions following Russia's invasion of Ukraine.
Nord Stream 1 Says Gas Supplies to Europe Via Pipeline Continue
The operator of the operational Nord Stream 1 undersea gas pipeline from Russia to Germany said that transportation of natural gas to Europe was continuing normally.
Europe Must Urgently Cut Dependence on Russian Gas, Portugal Says
Europe must urgently diversify its natural gas supply sources to reduce its dependence on Russia, Portugal's energy secretary of state said, pointing to alternatives such as the U.S. and Qatar.
German Chancellor: It was the Right Time to Halt Nord Stream 2
The halt of the Nord Stream 2 gas pipeline, which was supposed to bring additional gas from Russia to Germany, came at exactly the right time, German Chancellor Olaf Scholz said.
US Natgas Futures Ease with Drop in Global Oil, Gas Prices
The U.S. market continued its three-day streak of following sharp moves in European gas and global oil prices with the Russia-Ukraine conflict stoking energy supply concerns.
Russian Gas Flows Via Yamal Pipeline to Germany Halt, Bids Remain
Russian gas accounts for some 40% of European gas demand, while the Yamal-Europe pipeline usually accounts for about 15% of Russia's westbound supply of gas to Europe and Turkey.
Wintershall Dea Stops Payments to Russia, Writes Off $1.1 Billion Nord Stream 2 Loan
Wintershall Dea will stop payments to Russia and write off its 1 billion euro ($1.1 billion) financing in the Nord Stream 2 gas pipeline, which was suspended last week.
- Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
- U.S. Buys Nearly 5 Million Barrels of Oil for Emergency Stockpile
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Nigeria’s New Pipeline Project Is Never Done Until It Is Done
- Exxon Mobil to Start Gas Reserve Seismic Surveys in Greece
- LaPorte, Texas, Issues Shelter in Place After Altivia Plant Leaks Toxic Gas
- Gas Pipeline Accident Sparks Fire in Crimea, Disrupting Supplies to Alushta, Officials Say
- U.S. Court Overturns Alaska Oil Lease Sale, Halting Energy Development
