Regions

Moldova Settles Debt for Gas to Russia, Averts Energy Crisis

Moldova has paid for Russian natural gas it received in October and the first half of November, Moldovagaz said in a statement, averting a possible crisis over a payment dispute.

Canada Rejects Enbridge Plan to Sell Oil Pipeline Space Under Contract

The Canada Energy Regulator on Friday rejected Enbridge's plan to sell nearly all space on its Mainline oil pipeline under long-term contracts, rather than rationing it on a monthly basis.

Gazprom Nearly Doubles Planned Investments to $24 Billion in 2022

Russian gas giant Gazprom said its management has approved investments worth 1.76 trillion roubles ($24 billion) for 2022, up from initial plans of 902 billion roubles for 2021, to fund new production and refining hubs.

Greece Teams Up With Egypt on Gas Supply, Infrastructure

Greece and Egypt agreed to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.

Giant Pipeline in U.S. Midwest Tests Future of Carbon Capture

The 2,000-mile Midwest Carbon Express would be the world's largest carbon dioxide pipeline, moving greenhouse gases from Midwest biofuels plants to store underground in North Dakota. But some landowners don't want it.

Australia Unveils Plan to Spur Pipeline Investment

Australia outlined a plan to spur investment in new gas pipelines to beef up gas supply, despite the government's pledge to achieve net zero carbon emissions by 2050

Delay to Nord Stream 2 Pipeline May Be Short - Analyst

The suspension of the approval process for the Russian Nord Stream 2 pipeline by a German regulator could be short-lived as Europe is hungry for more gas, an analyst said after meeting officials of Russian state gas giant Gazprom.

Russia Agrees to Extend Deadline for Moldova's Gas Payments

Russian gas giant Gazprom said it agreed to continue gas exports to Moldova despite its inability to pay for the gas on time, extending a payment deadline and averting an energy crisis in the ex-Soviet state, at least for now.

Contractors: Western Canada to Boost Drilling to Pre-Pandemic Levels

Western Canadian oil and gas producers will drill 27% more wells in 2022 than the previous year, returning to pre-pandemic levels as prices rebound and pipeline projects advance, the Canadian Association of Energy Contractors (CAOEC) said.

U.S. Energy Secretary: Companies Making Big Profits Should Increase Oil Supply

U.S. Energy Secretary Jennifer Granholm on Tuesday urged U.S. energy companies to increase oil supply amid "enormous profits," as the Biden administration tries to bring down the price of gasoline.

Seaborne, Saudi Oil Supplies to Poland at Highs Amid Belarus Tensions

Poland raised its seaborne oil imports as well as crude supplies from Saudi Arabia to multi-year highs in October amid tensions with neighboring Belarus and talks on new supply deals with Russia, according to Refinitiv Eikon data and traders.

US to Release Oil from Reserves; OPEC+ Rebuffs Call for More Crude

The United States said on Tuesday it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain to cool prices after OPEC+ producers repeatedly ignored calls for more crude.

Gas Flows to Germany Via Yamal Pipeline Steady Amid Price Volatility

Russian natural gas flows through the Yamal-Europe pipeline to Germany have been steady for the past 24 hours on Friday, data from Gascade showed, while gas prices have been volatile amid the uncertainty over a major pipeline.

Europe's Gas Firms Prime Pipelines for Hydrogen Highway

As world leaders hammered out a deal last week to slow climate change, gas engineer Michele Ricciardi was digging into a practical problem: How thousands of miles of pipelines across Italy and Europe can safely carry hydrogen.

Russia Says Repairs Complete on Oil Pipeline in Belarus, Pumping to Resume

Russia's Transneft pipeline monopoly said repairs were complete on a section of the Druzhba oil pipeline in Belarus and that oil pumping would resume on Thursday evening, the RIA news agency reported.

Texas Electric Grid Still Not Ready for Extreme Winter Weather -NERC

The Texas electric grid could suffer a massive shortfall in generating capacity in a winter deep freeze, potentially triggering outages similar to those in February, according to a report on Thursday by an electric reliability authority.

Canadian Police Set to Remove Indigenous Protesters at Site of Disputed Pipeline

Canadian police on Thursday prepared to remove indigenous protesters from the site of TC Energy Corp.'s Coastal GasLink pipeline in British Columbia, a development long opposed by some First Nations groups.

New Natural Gas Capacity Expands Access to Export and Northeast Markets

The EIA estimates more than 4 billion cubic feet per day of new natural gas pipeline capacity entered service in the third quarter of 2021, primarily supplying Gulf Coast and Northeast demand markets.

Pipeline Firms Scramble to Restore Service After British Columbia Floods, Gas Prices Spike

Natural gas customers in British Columbia and the Pacific Northwest are facing reduced supplies after Enbridge shut a segment of its Westcoast pipeline as a precaution, reducing flows to 1.4 b Bcf/d from up to 1.8 Bcf/day.

German Gas Imports Fall 4% in Jan-Sept, Bill Jumps 57%

Germany imported 4% less natural gas in the first nine months of 2021 versus a year earlier, but its bill rose 57% as prices surged, data from trade statistics office BAFA showed.

Belarus Restricts Oil Supplies to Poland Due to Unscheduled Maintenance

Belarusian oil pipeline operator Gomeltransneft Druzhba has restricted oil flows towards Poland for three days for unscheduled maintenance, the TASS news agency said.

Canadian Shippers Find Few Easy Alternatives for Grain, Oil Cut Off by Flood

Canadian exporters of commodities from grain to fertilizer and oil scrambled on Wednesday to divert shipments away from Port of Vancouver, which floods have isolated, but they found few easy alternatives.

Blast Hits Oil Pipeline in Southern Iran, No Casualties – TV

An oil pipeline in southern Iran exploded on Wednesday, Iran's state TV reported on Wednesday, citing aging infrastructure as the reason for the blast.

US Wants NatGas/Power Coordination to Prevent Another Feb Freeze

U.S. power reliability regulators recommended electric grids strengthen cold weather rules and coordinate with the natural gas industry to prevent a recurrence of the February freeze that left millions in Texas without power for days.

German Regulator's Nord Stream 2 Move May Delay Commissioning to March

A German regulator's decision to suspend licensing of the Nord Stream 2 pipeline from Russia to Germany could delay commissioning of the infrastructure until March next year, government sources said.

Ukraine Sees No Sign of Bigger Russian Gas Supply to Europe

Ukraine's state-run gas transmission system operator said there was no sign that Russian energy giant Gazprom planned to export additional gas to the Europe Union next year, based on the results of pipeline capacity auctions.

Trafigura Warns of Power Outages in Europe This Winter

Europe is at risk of power outages this winter due to insufficient gas reserves and over the long-term, oil could rise above $100 a barrel, the chief executive of commodity trading giant Trafigura said.

Ironwood Midstream Expanding Footprint in Eagle Ford Region of South Texas

The Ironwood II leadership team assumed management of Nuevo Midstream assets, including about 100 miles of crude oil gathering pipeline in Lavaca, Gonzalez, and Fayette counties.

German Regulator Puts Brake on Nord Stream 2 in Fresh Blow to Gas Pipeline

Germany's energy regulator has suspended the approval process for a major new pipeline bringing Russian gas into Europe, throwing up a new roadblock to the contentious project and driving up regional gas prices.

Supplies of Egyptian Gas Expected in Lebanon by Early 2022

Egypt is expecting to begin exporting 60-65 million cubic feet of gas per day to Lebanon by early next year, Egyptian Petroleum Minister Tarek El Molla said on Tuesday.