Pipelines News

 

Russia Scraps Nord Stream Gas Pipeline Reopening, Stoking European Fuel Fears

Sep 03, 2022

Nord Stream flows halted for three days this weekDeliveries were due to resume on Saturday at 0100 GMTRussia blames sanctions for pipeline disruptionsBrussels says Moscow using gas as economic weaponRussia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany…

Russian Lawmaker Urges Europe to Revive Nord Stream 2 to Solve Energy Crisis

Sep 02, 2022

Europe could solve its energy crisis by scrapping sanctions against Russia and launching the mothballed Nord Stream 2 gas pipeline, the speaker of Russia's lower house of parliament said on Friday. Germany halted the Nord Stream 2 Baltic Sea gas pipeline project on Feb…

Gazprom CEO Says 'Sanctions confusion' Means Siemens Cannot Service Nord Stream 1 - Interfax

Sep 01, 2022

Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy ENR1n.DE is unable to carry out regular maintenance on equipment for the Nord Stream 1 natural gas pipeline, Interfax news agency reported.Periodic replacement of some equipment…

Russia Stops Gas Flows via Nord Stream 1 - German Entry Point Data

Aug 31, 2022

Russia halted gas supplies via a major pipeline to Europe on Wednesday, intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some of the region's richest countries.Flows fell…

Carbon Capture & Storage: Santos Reaches FID on Darwin Pipeline Duplication Project

Aug 29, 2022

Australian oil and gas firm Santos, as operator of the Barossa joint venture, on Monday announced a final investment decision (FID) has been taken to proceed with the Darwin Pipeline Duplication Project, located offshore the Northern Territory…

Asia LNG Price Hits Record High Ahead of Nord Stream Pipeline Outage

Aug 29, 2022

Asian spot liquefied natural gas (LNG) hit a fresh record high [last week] as South Korean and Japanese buyers restocked for the winter and a planned outage at the Nord Stream 1 pipeline next week pushed up European demand.The average LNG price…

Amplify Energy to Pay $13M to Settle Charges over California Offshore Oil Spill

Aug 29, 2022

A Texas oil company agreed to plead guilty to criminal negligence charges and pay nearly $13 million for a crude oil spill that killed wildlife and fouled southern California beaches, federal prosecutors said on Friday. Amplify Energy Corp repeatedly…

Heavy Norwegian Gas Maintenance Adds to Energy Price Pressure

Aug 26, 2022

Norway, which has overtaken Russia as the biggest gas supplier to Europe in the wake of the war in Ukraine, will curtail its gas exports significantly next month due to heavy maintenance activity, with some work deferred from earlier this year…

Nord Stream Turbine Tension Puts Focus on Gas Pipeline Parts

Aug 25, 2022

Tension over giant turbines that Moscow blames for the reduction of flows via the Nord Stream 1 gas pipeline has put the focus on the equipment it needs to operate.The crucial part is a Siemens Energy turbine that is 12 meters long, weighs 20 tonnes…

Nord Stream 1 Pipeline to Shut for Three Days in Latest Fuel Blow to EU

Aug 22, 2022

Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant Gazprom said on Friday, piling pressure on the region as it seeks to refuel ahead of winter.The unscheduled maintenance on the Nord Stream 1 pipeline…

Russia Forecasts Export Gas Price Will More Than Double in 2022

Aug 17, 2022

Russia forecasts its average export gas price will more than double this year to $730 per 1,000 cubic meters before gradually falling until the end of 2025, as pipeline gas exports decrease, an economy ministry forecast seen by Reuters showed…

'Pawn' in Energy Stand-off, Germany's Uniper Suffers $12.5B Loss

Aug 17, 2022

Uniper, the highest-profile corporate victim of Europe's energy crisis so far, reported a 12.3 billion euro loss ($12.5 billion) due to Russian gas supply cuts, saying it had become a 'pawn' in the energy standoff between the European Union and Moscow…

Shell to Shut Gulf of Mexico Crude Pipes for 2 Weeks in September

Aug 16, 2022

Shell on Tuesday said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries.The Odyssey and Delta crude pipelines in September will be shut for planned maintenance early-to-mid September…

PTTEP Restarts Zawtika Gas Flows to Thailand After Pipeline Fixed

Aug 16, 2022

Thai oil and gas company PTTEP has restarted gas deliveries to Thailand from the Zawitka offshore gas field in Myanmar, following a halt caused by an onshore gas leak earlier this month.PTTEP had said that there had been a leakage at the Zawtika’s onshore pipeline…

Gazprom Warns European Gas Prices Could Climb a Further 60%

Aug 16, 2022

Russian state gas company Gazprom said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic meters this winter, as the company's own export and production continues to fall amid Western sanctions.Gas flows from Russia…

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