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Gasprom - Bloomberg -ENB
Commodities

European Gas Market on Edge as Russia Keeps Grip on Supply

November 2, 2021 Mariel Alumit

Russia kept Europe’s energy markets on edge after Gazprom PJSC declined to book more pipeline capacity later this winter when freezing temperatures will buffer the region. While President Vladimir Putin has said his country is […]

Cushing Oklahoma - ENB
Commodities

Want an 11% Yield? Give Oil a Try

October 22, 2021 Mariel Alumit

Time will tell which one is out of sync. Is it a forward oil curve that yields 11% on an annualized basis for investors, or is it a headline price of West Texas Intermediate crude […]

Israel - Egypt Plan new gas pipe that could boost Europe Supplies
International News

Israel, Egypt Plan New Gas Pipe That Could Boost Europe Supplies

October 21, 2021 Mariel Alumit

Israel and Egypt are in talks to build a new overland pipeline to boost Israeli gas exports to its neighbor, the Israeli Ministry of Energy said in a statement on Thursday. The pipeline will run […]

Altus Midstream - ENB
M & A

Texas pipeline operator Altus to combine with Blackstone-backed BCP Raptor

October 21, 2021 Mariel Alumit

Altus Midstream Co said on Thursday it would merge with BCP Raptor, a holding company for pipeline assets in the Permian Basin owned by investment firms, with the combined entity to be valued at $9 […]

leviathan field - ENB
International News

Gas-Rich Israel Can’t Save Europe From Energy Crisis

October 15, 2021 Mariel Alumit

Israel cannot come to the rescue of Europe’s gas and energy supply crunch as it is unlikely to raise the level of its natural gas exports, a senior Israeli official told Bloomberg on Thursday. Udi Adiri, director […]

Pipeline

Ship anchored near oil pipeline made unusual movements

October 11, 2021 Andy Del Prado

HUNTINGTON BEACH, Calif. (AP) — A massive cargo ship made a series of unusual movements while anchored in the closest spot to a Southern California oil pipeline that ruptured and sent crude washing up on […]

Commodities

Russia Offers to Ease Europe’s Gas Crisis, With Strings Attached

October 7, 2021 Mariel Alumit

With winter fast approaching and a stunning energy price surge pummeling Europe, Russian President Vladimir Putin chose an opportune moment to use his country’s leverage as an oil and gas superpower. On a chaotic day […]

International News

Enbridge in $3 Billion Deal to Add U.S. Oil Export Capacity

September 7, 2021 Stu Turley

Enbridge Inc., the Canadian pipeline giant, agreed to acquire a smaller U.S. rival to add export capacity on the Gulf Coast. The company is buying Moda Midstream Operating LLC for $3 billion in cash from […]

Pipeline - Energy News Beat
EIA News

Shale natural gas production in the Appalachian Basin sets records in first half of 2021

September 1, 2021 Andy Del Prado

Source: Graph by U.S. Energy Information Administration, based on state administrative data collected by Enverus Drillinginfo Inc. Dry natural gas production from shale formations in the Appalachian Basin that spans Pennsylvania, West Virginia, and Ohio has been growing since […]

Commodities

Port Fourchon Sees Weeks for Ida Recovery

September 1, 2021 Stu Turley

Port Fourchon, America’s biggest base supporting the U.S. Gulf of Mexico offshore oil industry, appears to have largely withstood a powerful punch left by Hurricane Ida after the Category 4 storm tore through the Louisiana […]

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