Regions
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.
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.
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.
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.
Proteum Energy and Istmo Energy to Produce Low-Cost Hydrogen in the Permian Basin
Proteum Energy entered a Memorandum of Understanding with Istmo Energy for Proteum to provide low cost, low carbon intensity hydrogen to Istmo for production of "ultra-low sulfur diesel" and clean hydrogen.
Coastal GasLink Pipeline Project More Than Halfway Complete
Coastal GasLink’s pipeline project is more than 57% complete overall, and more than 46% of the construction is finished, according to its monthly construction update.
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.
Israel's Environment Ministry Blocks Oil Pipeline Deal With UAE
Israel's Environmental Protection Ministry blocked a deal with partners from the United Arab Emirates to transport oil from the Gulf to Europe via an Israeli port city.
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.
About Half of US Oil Pipeline Space is Empty After Boom Time Building Spree
About half of U.S. oil pipeline space is sitting unused, heating up competition for barrels in higher-output areas like the Permian Basin in Texas.
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.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- Cheniere Seeks FERC Approval to Expand Sabine Pass LNG Facility
- Heath Consultants Exits Locate Business to Expand Methane Leak Detection Portfolio
