Why Chinese Imports Of U.S. LNG Collapsed

Why Chinese Imports Of U.S. LNG Collapsed

As European LNG buyers are snapping up cargoes from the United States in a race to replace Russian pipeline deliveries, America has become a major supplier to Europe, and its sales to China have dwindled to just a few cargoes shipped so far this year.  Chinese imports of LNG from the U.S. plunged by 95% … Read more

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says market threatened by ‘Lehman Brothers’ moment Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday … Read more

Germany risks recession as Russian gas crisis deepens

Germany risks recession as Russian gas crisis deepens

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register More Europeans activate first stage of gas crisis plans Surging gas price adds to policymakers’ inflation headache Slowing flows hinder efforts to refill … Read more

China May oil imports from Russia soar to a record, surpass top supplier Saudi

China May oil imports from Russia soar to a record, surpass top supplier Saudi

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Russia overtakes Saudi as top supplier after 19-month gap Russian imports nearly 2 mln bpd in May Imports from Malaysia more than doubled in May … Read more

Dan Yergin Talks Oil, Gas, Putin, And Living His Book, ‘The New Map’

Dan Yergin Talks Oil, Gas, Putin, And Living His Book, ‘The New Map’

Dan Yergin, vice chairman of S&P Global, during a Bloomberg Television interview on day three of the … [+] World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, May 25, 2022. Photographer: Jason Alden/Bloomberg © 2022 Bloomberg Finance LP If you haven’t read “The New Map: Energy, Climate, and the Clash of Nations,” the most … Read more

Freeport LNG plant to shut for 3 weeks, roiling global energy markets

Freeport LNG plant to shut for 3 weeks, roiling global energy markets

HOUSTON, June 8 (Reuters) – Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), will shut for at least three weeks following an explosion at its Texas Gulf Coast facility. The fire roiled U.S. natural gas markets on Wednesday and the impact is likely to spread through Europe … Read more

Russia puts sanctions on Gazprom units in Europe and U.S., part owner of pipeline

Russia puts sanctions on Gazprom units in Europe and U.S., part owner of pipeline

Russian government publishes list of affected firms Presidential decree of May 3 had banned trade with firms on list LONDON, May 11 (Reuters) – Moscow has imposed sanctions on the owner of the Polish part of the Yamal pipeline that carries Russian gas to Europe, as well as the former German unit of the Russian … Read more

Japan to take time phasing out Russian oil imports, says PM Kishida

Japan to take time phasing out Russian oil imports, says PM Kishida

Japanese Prime Minister Fumio Kishida delivers a speech at the Guildhall in London, Britain May 5, 2022. REUTERS/Peter Nicholls Register now for FREE unlimited access to Reuters.com Register TOKYO, May 9 (Reuters) – Japan will take time to phase out Russian oil imports after agreeing on a ban with other Group of Seven (G7) nations … Read more

Germany’s conservatives on track to win election in northern state

Germany’s conservatives on track to win election in northern state

Conservative CDU leads with 43.5% in early exit polls Energy transition a major campaign issue amid Ukraine war Election seen as bellwether for NRW election on May 15 BERLIN, May 8 (Reuters) – Germany’s conservative CDU won an election in the northern state of Schleswig-Holstein on Sunday, a boost to the party of former Chancellor … Read more

Germany’s Scholz says Ukraine must help mend ties after president visit debacle

Germany’s Scholz says Ukraine must help mend ties after president visit debacle

German Chancellor Olaf Scholz addresses the media during a news conference following a special German cabinet meeting at the government’s guest house Schloss Meseberg in Meseberg, Gransee, Germany May 4, 2022. REUTERS/Michele Tantussi Register now for FREE unlimited access to Reuters.com Register BERLIN, May 4 (Reuters) – Chancellor Olaf Scholz urged Ukraine on Wednesday to … Read more