Storm cuts U.S. oil, gas, power output, sending prices higher

Storm cuts U.S. oil, gas, power output, sending prices higher

Dec 23 (Reuters) – Frigid cold and blowing winds on Friday knocked out power and cut energy production across the United States, driving up heating and electricity prices as people prepared for holiday celebrations. Winter Storm Elliott brought sub-freezing temperatures and extreme weather alerts to about two-thirds of the United States, with cold and snow … Read more

Gazprom: gas supplied in full, bypassing damaged Russian export pipeline

Gazprom: gas supplied in full, bypassing damaged Russian export pipeline

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Dec 20 (Reuters) – A local unit of the Russian energy giant Gazprom (GAZP.MM) said on Tuesday that gas was being supplied to customers in full via parallel pipelines following a fatal explosion in a section of … Read more

Some EU states formally express concerns to France over Macron Russia comments – diplomats

Some EU states formally express concerns to France over Macron Russia comments – diplomats

PARIS, Dec 12 (Reuters) – Baltic states and other European nations upset at comments made by French President Emmanuel Macron regarding security guarantees for Russia formally lodged disapproval and explained their position to France on Monday, diplomats said. In an interview with French TV station TF1 on Dec. 3, Macron said Europe needed to prepare … Read more

EU split on Russian oil price cap level, talks to resume Thursday

EU split on Russian oil price cap level, talks to resume Thursday

BRUSSELS, Nov 23 (Reuters) – European Union governments failed to reach a deal on Wednesday at what level to cap prices for Russian sea-borne oil under the Group of Seven nations (G7) scheme and will resume talks on Thursday evening or on Friday, EU diplomats said. Earlier on Thursday representatives of the EU’s 27 governments … Read more

Nord Stream leaks confirmed as sabotage, Sweden says

Nord Stream leaks confirmed as sabotage, Sweden says

Sweden says damage to Nord Stream pipes was “gross sabotage” Traces of explosives found at site during investigations Further probe will determine if any suspects can be identified STOCKHOLM, Nov 18 (Reuters) – Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken place, a … Read more

Kremlin: Considering ‘further steps’ over allegation Britain attacked Nord Stream gas pipelines

Kremlin: Considering ‘further steps’ over allegation Britain attacked Nord Stream gas pipelines

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 1 (Reuters) – Russia said on Tuesday it was considering what “further steps” to take in connection with its allegation that Britain was responsible for an attack on the Nord Stream undersea gas pipelines. Russia’s defence … Read more

Finland urges Turkey, Hungary to swiftly approve Swedish, Finnish NATO bids

Finland urges Turkey, Hungary to swiftly approve Swedish, Finnish NATO bids

HELSINKI, Nov 1 (Reuters) – Finland’s Prime Minister Sanna Marin on Tuesday urged Hungary and Turkey to swiftly approve the Swedish and Finnish applications for membership of the NATO defence alliance. Hungary and Turkey are the only two remaining NATO members to not yet have ratified the applications. “All eyes are now on Hungary and … Read more

Norway raises military alert in response to Ukraine war

Norway raises military alert in response to Ukraine war

Hiked preparedness seen lasting a year, could be longer Norway is now Europe’s largest gas supplier Shares a border with Russia in the Arctic OSLO, Oct 31 (Reuters) – Norway will put its military on a raised level of alert from Tuesday, moving more personnel on to operational duties and enhancing the role of a … Read more

Japan’s JERA to book $751 mln loss related to fire at Freeport LNG in FY22/23

Japan’s JERA to book $751 mln loss related to fire at Freeport LNG in FY22/23

TOKYO, Oct 28 (Reuters) – Japan’s biggest buyer of liquefied natural gas (LNG), JERA, said on Friday it plans to book a 110 billion yen ($751 million) loss related to a fire at U.S. Freeport LNG, mostly due to higher costs as it needed to buy alternative fuel from the spot market. Japan’s biggest power … Read more

TotalEnergies clocks $9.9 bln profit in Q3, books new Russian impairment

TotalEnergies clocks $9.9 bln profit in Q3, books new Russian impairment

PARIS, Oct 27 (Reuters) – TotalEnergies (TTEF.PA) posted a sharp jump in its third quarter net profit compared with a year ago, as it joined other energy giants in its sector to have benefited from higher oil and gas prices, although it also booked a new Russia-related impairment. TotalEnergies’ third-quarter adjusted net income stood at … Read more