Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy ENR1n.DE is unable to carry out regular maintenance on equipment for the Nord Stream 1 natural gas pipeline, Interfax news agency reported.Periodic replacement of some equipment…
Russia halted gas supplies via a major pipeline to Europe on Wednesday, intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some of the region's richest countries.Flows fell…
Australian oil and gas firm Santos, as operator of the Barossa joint venture, on Monday announced a final investment decision (FID) has been taken to proceed with the Darwin Pipeline Duplication Project, located offshore the Northern Territory…
Asian spot liquefied natural gas (LNG) hit a fresh record high [last week] as South Korean and Japanese buyers restocked for the winter and a planned outage at the Nord Stream 1 pipeline next week pushed up European demand.The average LNG price…
A Texas oil company agreed to plead guilty to criminal negligence charges and pay nearly $13 million for a crude oil spill that killed wildlife and fouled southern California beaches, federal prosecutors said on Friday. Amplify Energy Corp repeatedly…
Norway, which has overtaken Russia as the biggest gas supplier to Europe in the wake of the war in Ukraine, will curtail its gas exports significantly next month due to heavy maintenance activity, with some work deferred from earlier this year…
Tension over giant turbines that Moscow blames for the reduction of flows via the Nord Stream 1 gas pipeline has put the focus on the equipment it needs to operate.The crucial part is a Siemens Energy turbine that is 12 meters long, weighs 20 tonnes…
Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant Gazprom said on Friday, piling pressure on the region as it seeks to refuel ahead of winter.The unscheduled maintenance on the Nord Stream 1 pipeline…
Russia forecasts its average export gas price will more than double this year to $730 per 1,000 cubic meters before gradually falling until the end of 2025, as pipeline gas exports decrease, an economy ministry forecast seen by Reuters showed…
Uniper, the highest-profile corporate victim of Europe's energy crisis so far, reported a 12.3 billion euro loss ($12.5 billion) due to Russian gas supply cuts, saying it had become a 'pawn' in the energy standoff between the European Union and Moscow…
Shell on Tuesday said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries.The Odyssey and Delta crude pipelines in September will be shut for planned maintenance early-to-mid September…
Thai oil and gas company PTTEP has restarted gas deliveries to Thailand from the Zawitka offshore gas field in Myanmar, following a halt caused by an onshore gas leak earlier this month.PTTEP had said that there had been a leakage at the Zawtika’s onshore pipeline…
Russian state gas company Gazprom said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic meters this winter, as the company's own export and production continues to fall amid Western sanctions.Gas flows from Russia…
Russia's Gazprom has ramped up flows to Hungary via the Turkstream pipeline that brings gas to Hungary via Serbia, a Hungarian foreign ministry official said on Saturday.European Union member Hungary has maintained what it calls pragmatic relations with Moscow since Russia's invasion of Ukraine…
A damaged oil pipeline component that disrupted output at several offshore U.S. Gulf of Mexico platforms was repaired late Friday, a Louisiana official said, with producers moving to reactivate some of the halted production.A failed flange connecting…