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Russia
Oil Price
Oil Rallies on Supply Fears and Tight Market
A force majeure declaration by Russia's Gazprom and a disruption to the Keystone pipeline between Canada and the US have boosted crude prices
Gas Turbine
Gazprom Asks Siemens to Provide Papers on Gas Turbine Return
The company has said it expects Siemens to fulfill its obligation on the repair of gas turbine engines
Ukraine
Eastbound Gas Flows via Yamal-Europe Pipeline Edge Higher
Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany edged higher, data from pipeline operator Gascade showed on Monday.
Natural Gas
Germany Admitted That the Country Will Not Have Enough Gas for the Winter Without Russian Supplies
Gas storage facilities in Germany are only 65% full, which is not enough to meet the country's need for fuel this winter, said Klaus Müller, head of the Federa…
Crude Oil
Top U.S. Energy Envoy Expects Further Steps From OPEC Producers on Supplies
Major crude oil producers have spare capacity and are likely to boost supplies following President Joe Biden's visit to the Middle East, a senior U.S. energy en…
Natural Gas
Germany’s Top Buyer Of Russian Gas On The Brink Of Insolvency
Germany’s Uniper SE is just “days” away from insolvency, deputy chairman of Uniper’s supervisory board, Harold Seegatz, told Bloomberg on Friday.
Natural Gas
Gazprom Says It Cannot Guarantee the Safe Operation of Nord Stream
The energy giant stated it did not know if the gas turbine would eventually be returned from Canada
LNG
What Is Keeping America From Realizing Its LNG Potential?
U.S. liquefied natural gas has become an increasingly important part of the global energy mix
Natural Gas
“Total Halt of Russian Energy Exports to Europe Could Put UK’s Energy Security at Risk”
Europe could face a ‘severe recession’ if Vladimir Putin turns off the gas flows, according to a report
EU
EU Plans Hydrogen Deal With Namibia as It Pulls Away From Russian Energy
The European Union is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian…
Russian Federation
Putin Signs Decree to Seize Control of Project Partly Owned by Shell
Shell has a 27.5% stake in the oil and gas project
Coal Price
Australia Forecasts Record Mining, Energy Export Sales for 2023
Australia's mining and energy export revenues are forecast to climb 3% to a record A$419 billion ($286 billion) in the year to June 2023, buoyed by surging coal…
Germany
King Coal Makes Comeback in Europe
Old King Coal could make a comeback in some of Europe's biggest power markets as governments ponder emergency measures designed to build up gas storage as Russi…
Natural Gas
IEA: Europe Will Have to Cut Gas Usage By Nearly One-Third
In the first quarter of next year, the countries of the European Union will have to cut their usage of natural gas by up to 30% in preparation for a complete st…
LNG
Germany, Canada in Talks Over LNG Terminal for Export to Europe
Germany is in talks with Canada over options to export liquefied natural gas (LNG) to Europe via a terminal on Canada's east coast
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