Europe

Russia Undermining European Gas Supply Amid Ukraine Standoff, IEA Says

Russia is contributing to an undersupply of natural gas to Europe, the head of the International Energy Agency Fatih Birol said on Wednesday.

Gas Flows on Yamal-Europe Pipeline Continue to Move Eastward

The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, instead flowed east from Germany to Poland for the 23rd day on Wednesday.

Potential Russian Invasion of Ukraine Could Kill Off Nord Stream 2, US Says

Moscow's behavior towards Ukraine will play a crucial role in the fate of the Nord Stream 2 pipeline, the United States said on Wednesday.

Gas Flows Reversed Eastward via Russian Yamal Pipeline for 22nd Day

The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, instead flowed east from Germany to Poland for the 22nd day on Tuesday.

US Voices Misgivings on EastMed Gas Pipeline, Greek Officials Say

The United States has expressed misgivings on a subsea pipeline designed to supply Europe with natural gas from the eastern Mediterranean.

German Social Democratic Party Official Defends Pro-Nord Stream 2 Policy

The Nord Stream 2 pipeline to bring Russian gas to Germany should not be mixed up with political and human rights disputes with Moscow, a senior official from the Social Democratic Party said.

Gas Prices Rise as Russian Pipeline Stays in Reverse After Three Weeks

A pipeline that usually sends gas from Russia to Europe was stuck in reverse after three weeks on Monday, pushing up prices in Europe at a time of political tension.

Gas Flows Eastward via Russian Yamal Pipeline for 18th Day, Volume Eases

The Yamal-Europe pipeline was flowing east from Germany to Poland on Friday for an 18th successive day, albeit at marginally lower levels than on Thursday.

BBL Pipeline to Reduce Reverse Flow to Zero Starting Saturday

The BBL gas pipeline between the Netherlands and Britain will reduce its reverse flow day-ahead and within-day capacity to zero from Saturday.

European Gas Prices Rise with Russian Pipeline Stuck in Reverse

European gas prices rose on Wednesday as gas flowed eastwards for the 16th successive day along a pipeline that usually sends deliveries from Russia to Europe.

Uniper Secures $11 Billion of Credit to Cope with Gas Volatility

German utility Uniper has secured credit facilities worth 10 billion euros from parent Fortum and bank KfW in a move to cope with unprecedented volatility in energy markets.

Russian Gas Transit Via Ukraine Fell 25% in 2021

The volume of Russian gas transported via Ukraine to Europe fell 25% last year, reducing a key revenue stream for Ukraine's struggling economy.

Gas Prices Surge in Europe Over Tight Russian Supplies

European gas prices soared more than 30% on Tuesday as low supplies from Russia reignited concerns about an energy crunch as the region heads for colder weather.

Gas Flows Eastward Via Russian Yamal Pipeline Jump

Natural gas supplies via the Yamal-Europe pipeline, which usually sends Russian gas west into Europe, jumped on Tuesday in direction of Poland from Germany.

Russian Gas in Yamal Pipeline Flows East for 14th Day

The Yamal-Europe pipeline which usually sends Russian gas west into Europe was flowing east from Germany to Poland on Monday for a 14th straight day.

Gas Flowing East From Germany Via Yamal Pipeline for 13th Day

The Yamal-Europe pipeline which usually sends Russian gas west into Europe was flowing east from Germany to Poland on Sunday for the 13th straight day.

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.

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.

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.

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.

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.

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.