Wintershall Dea, one of the co-founders of Gazprom's Nord Stream 2 gas pipeline, on Thursday said canceling the project on political grounds would enable its operator to lodge compensation claims.The group's remarks come as Moscow launched an…
The United States on Wednesday imposed 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.The sanctions, which target the Nord Stream 2 AG company and its CEO…
German Chancellor Olaf Scholz halted the Nord Stream 2 gas pipeline project designed to bring more Russian gas to Germany on Tuesday after Russia formally recognized two breakaway regions in eastern Ukraine.Europe's most divisive energy project…
Steel pipe giant Tenaris TENR.MI expects a further increase in sales in the first half of the year after posting strong results in the latest three months of 2021, driving a 2.4% rise in its Milan-listed shares on Thursday.The company, which…
Oil has spilled from an Eni-operated oil pipeline in the Irish Sea, the UK Energy & Climate Change Minister Greg Hands MP said on Twitter Tuesday.'I am being kept regularly updated following a release of oil from a pipeline in the Irish Sea…
Russian President Vladimir Putin reiterated on Tuesday after meeting German Chancellor Olaf Scholz that the Nord Stream 2 gas pipeline, which is still awaiting regulatory approval, is a 'purely commercial' project which will strengthen Europe's energy security…
Austria is sticking with its opposition to including the Nord Stream 2 gas pipeline in a package of sanctions against Moscow that the European Union is preparing in the event Russia invades Ukraine, Foreign Minister Alexander Schallenberg said on Friday…
Worley's Aberdeen office has been given £765,000 support from Scotland's national economic development agency Scottish Enterprise for full pre-production testing of its pseudo dry gas (PDG) liquid removal system.According to Worley, the Enhanced…
U.S. President Joe Biden said on Monday that the Nord Stream 2 gas pipeline would be halted if Russia invades Ukraine and stressed unity with German Chancellor Olaf Scholz as the West rallies to avert a war in Europe.At a White House press conference with the new German leader…
A beach in eastern Thailand was declared a disaster area on Saturday as oil leaking from an underwater pipeline in the Gulf of Thailand continued to wash ashore and blacken the sand.The leak from the pipeline owned by Star Petroleum Refining…
U.S. State Department spokesperson Ned Price said on Wednesday the Nord Stream 2 pipeline between Russia and Germany will not move forward if Russia invades Ukraine.'I want to be very clear: if Russia invades Ukraine one way or another, Nord Stream 2 will not move forward…
The operator of the Russian Nord Stream 2 gas pipeline has registered a subsidiary for the German part of the pipeline to meet German regulatory requirements, it said on Wednesday, though certification for the project still remains suspended by Berlin…
German Chancellor Olaf Scholz said last week that Germany may consider halting the Nord Stream 2 pipeline if Russia attacks Ukraine, reflecting growing political pressure on the Gazprom-led project.Russia has massed troops on the Ukrainian border but denies it is planning an attack…
Oilfield services giant TechnipFMC has said it has secured a contract with Petrobras to build and install subsea equipment at Búzios 6 field (module 7), a greenfield development in the pre-salt area.TechnipFMC said the contract was a large one…
Germany could find itself in a no-win situation if Russia invades Ukraine, pitting Berlin's main gas supplier against its most important security allies.Chancellor Olaf Scholz would face pressure from the United States and other Western allies…
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