Today’s news includes the threat that Russia will continue the recent cuts in gas supplies that Gazprom, the state gas company, has imposed. Moscow may not fully reconnect the Nord Stream 1 pipeline that carries gas under […]
ConocoPhillips is considering a potential sale of its minority stake in a Shell-operated oil and gas platform in the U.S. Gulf of Mexico, which would mark the exit of ConocoPhillips from U.S. offshore operations, sources […]
Investors will watch second-quarter midstream earnings presentations for signs that companies can navigate volatile commodity prices and concerns about the rising risk of economic recession. Analyst predictions remained largely positive against a favorable backdrop for […]
NYMEX front-month natural gas futures have seen some significant upside action in recent days, with prices climbing back above $8.00/MMBtu — highs that haven’t been seen since about mid-June. After hitting an intraday high of […]
Enel Green Power announced the completion of its first large-scale hybrid wind project, Azure Sky Wind + Storage, as well as the addition of battery storage facilities at the operating Roadrunner and High Lonesome renewable […]
FRANKFURT, July 21 (Reuters) – The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped growth considerations, even while the euro zone economy reels from the […]
Libya’s oil and gas minister in the UN-backed Government of National Unity expects oil production to return to “normal” levels of 1.2 million b/d in a week to 10 days as the OPEC member begins […]
Russia began sending natural gas to Europe through the Nord Stream pipeline system after a pause, bringing relief to a continent whose economy is starting to wobble under the strain of reduced supplies. Shipments returned […]
Cyprus’ Ministry of Energy, Commerce, and Industry and Chevron have agreed to further their cooperation on the viable and efficient development of the Aphrodite field. In this regard, the Minister of Energy Natasa Pilides and […]
LONDON/KYIV, July 21 (Reuters) – Russian gas began flowing to Europe via a major pipeline on Thursday after a 10-day pause but fears of broader supply cuts remained and Russian forces in Ukraine were seen […]
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