Europe

Sanctions on Russian Energy 'On the Table' - But Not Just Yet, US Says

The United States is open to imposing sanctions on Russia's oil and gas industry but going after its exports now could help Moscow, the White House said.

Nord Stream 2 AG Says Its Mobile, Fixed Network Lines Not Reachable, Shuts Website

The operator of the Russian Nord Stream 2 gas pipeline said its mobile and fixed network lines were not reachable for the time being and it had shut down its website amid hacking attacks.

Italy's Eni to Sell Stake in Blue Stream Pipeline Co-owned with Gazprom

Italian energy group Eni said it planned to sell its stake in the Blue Stream pipeline carrying Russian gas to Turkey that it co-owns with Russia's Gazprom.

Nord Stream 2 Owner Considers Insolvency After Pipeline Halt, Sanctions

The Swiss-based company is considering filing for insolvency as it attempts to settle claims ahead of a U.S. sanction deadline for other entities to stop dealings with it.

Ukraine’s Oil and Gas Industry Supplies Only a Small Part of the Country’s Needs

Two major pipeline systems carry Russian gas through Ukraine to Western Europe. The Bratstvo pipeline crosses from Ukraine to Slovakia and the Soyuz pipeline links Russia’s pipelines to natural gas networks in central Asia.

Eastbound Gas Flows to Poland Resume Via Yamal-Europe Pipeline

A section of the Russian Yamal-Europe pipeline resumed eastbound gas delivery to Poland following normal, westbound supplies overnight, data from German network operator Gascade showed.

Neptune Energy Aims to Store More Carbon than it Emits by 2030

Neptune Energy announced its aim to go beyond net zero and store more carbon than is emitted from its operations and the use of its sold products by 2030.

Shell to End Involvement with Nord Stream 2 Following Ukraine Invasion

Shell will also end its relationship with the flagship Sakhalin 2 LNG plant in which it holds a 27.5% stake, and which is 50% owned and operated by Russian gas giant Gazprom.

Ukraine’s Naftogaz Reports Close to Normal Operations

Ukrainian state oil and gas company, Naftogaz, is providing daily updates on their operations, at terminals, storage facilities and field operations, including wells and pipelines.

Germany Winding Down Sanctions-Busting Pipeline Foundation

The commercial arm of the foundation was run by an individual appointed by Nord Stream 2 AG, whose identity is not known, and its operations were and remain a secret, despite being housed within a public foundation.

Poland, Lithuania Speed Up Gas Link Amid Russia Supply Worries

A natural gas pipeline called GIPL linking Poland and Lithuania will open on May 1, earlier than the scheduled mid-2022 start, linking the Polish grid with a route to an LNG terminal in Lithuania.

BP Dumping Stake in Russia's Rosneft in Up to $25 Billion Hit

BP is abandoning its stake in Russian oil giant Rosneft, marking the most significant move yet by a Western company in response to Moscow's invasion of Ukraine.

Ukraine: Russian Troops Blow Up Gas Pipeline in Kharkiv

Ukraine said Russian troops have blown up a natural gas pipeline in the Ukrainian city of Kharkiv, but Gazprom says flows to Europe are unaffected.

Yamal-Europe Gas Pipeline Reverses After Some Westbound Flows

Russia's Yamal-Europe gas pipeline switched back into reverse mode on Sunday morning, resuming supplies from Germany to Poland after short intermittent westbound flows overnight, data from German network operator Gascade showed.

Transmed Gas Pipeline Can Increase Supply to Europe - Sonatrach

The trans-Mediterranean natural gas pipeline that links Algeria and Italy has spare capacity that can be used to increase supply to Europe, the CEO of Sonatrach said on Sunday.

Germany in Talks With Uniper over LNG Terminal

The German government has asked utility firm Uniper to resume its plans to build an LNG terminal in Wilhelmshaven as Germany steps up its plans to cut dependence on Russian gas, a newspaper reported Sunday.

AGA: Europe's Energy Woes Prove Value of Natural Gas Infrastructure

Europe's soaring natural gas prices demonstrate the dangers of failing to invest in infrastructure and serve as a warning for U.S. regions that follow suit and rely on LNG imports.

Greece Lines up Additional Gas Supplies as Ukraine Tensions Rise

Greece has lined up additional supplies of pipeline gas and LNG should existing plans be disrupted by the Ukraine crisis, a government spokesperson said on Wednesday.

US Slaps Sanctions on Company Building Nord Stream 2

President Joe Biden said on Wednesday the United States would impose sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline, expanding penalties on Moscow after it recognized two breakaway regions in eastern Ukraine.

US Met More Than Quarter of European LNG Demand Last Year - EIA

The United States last year became Europe's largest source of liquefied natural gas (LNG), the U.S. Energy Information Administration (EIA) said on Tuesday.

Qatar: 'Almost Impossible' to Quickly Replace Russian Gas Supplies

Neither Qatar nor any other single country has the capacity to replace Russian gas supplies to Europe with LNG in the event of disruption due to a conflict between Russia and Ukraine, Qatar's energy minister said on Tuesday.

Factbox: Europe's Options in Case of Russian Gas Disruption

Europe relies on Russia for around 40% of its natural gas. What are the region's options in the event that Russian gas deliveries are suspended or pipeline flows are impacted by war damage?

Germany Freezes Nord Stream 2 Gas Project as Ukraine Crisis Deepens

The pipeline had been set to ease the pressure on European consumers facing record energy prices amid a post-pandemic cost of living crisis, and on governments that have already forked out billions to try to cushion the impact on consumers.

Germany Must Regulate Gas Storage to Secure Supplies - Minister

Germany must introduce regulation that commits its privately operated gas storage facility to have full capacity before winter to avoid the kind of energy crunch gripping the country, Economy Minister Robert Habeck said on Monday.

Russian Gas Exports to Europe Unaffected by Ukraine Pipeline Blast

Russian gas supplies to Europe were not affected after part of a gas pipeline near Luhansk in eastern Ukraine caught fire late on Friday, a Ukrainian gas official said.

Regional Pact Puts Trans-Saharan Gas Pipeline Back on Track

Niger, Algeria and Nigeria have signed an agreement that will see development resume on the $13 billion Trans-Saharan gas pipeline project.

TAP Pipeline Could Boost Capacity a Year Early

The Trans-Adriatic Pipeline (TAP) is ready to expand its capacity one year in advance if needed to meet market demand, Managing Director Luca Schieppati said.

Russia Ready to Re-Route Gas Flows if Hit by Sanctions

Russia would be ready to re-route supplies to other markets should new Western sanctions target its energy sector, finance minister Anton Siluanov said on Wednesday.

Green Stream Pipeline to Resume Libya Gas Flows to Italy

Gas flows into Italy from Libya will restart on Thursday, ahead of schedule, following unplanned maintenance on facilities at the Mellitah Complex, Italian energy group Eni said.

Germany Ups Ambition on Hydrogen to Meet Climate Targets

Electricity generation from renewables has grown considerably in Germany over the years, but plenty more is needed to fuel the country’s green hydrogen ambition.