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

Saudi Arabia signs Huawei deal, deepening China ties on Xi visit

Saudi Arabia signs Huawei deal, deepening China ties on Xi visit

Xi gets lavish welcome in Riyadh, a contrast with Biden trip Chinese leader heralds ‘new era’ in ties with Arab world U.S. wary of China’s growing influence RIYADH, Dec 8 (Reuters) – Saudi Arabia and China showcased deepening ties with a series of strategic deals on Thursday during a visit by President Xi Jinping, including … Read more

Ukrainians suffer in cold, darkness as president implores U.N. to punish Russia

Ukrainians suffer in cold, darkness as president implores U.N. to punish Russia

Power outages widespread as Russia targets electricity grid U.S.: Russia is trying to freeze Ukraine into submission Crews work to restore power, water ‘We are an unbreakable people’ says President Zelenskiy WASHINGTON/KYIV, Nov 24 (Reuters) – Ukrainian President Volodymyr Zelenskiy urged the United Nations Security Council to act against Russia over air strikes on civilian … Read more

Qatar seals 27-year LNG deal with China as competition heats up

Qatar seals 27-year LNG deal with China as competition heats up

Talks with other Chinese, European buyers ongoing -Kaabi Says buyers may take up to a 5% stake in expansion Says deal signals importance of secure long-term supply DOHA, Nov 21 (Reuters) – QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas in the longest such LNG agreement to date as … Read more

Oil flows on Druzhba pipeline suspended in parts of Eastern Europe

Oil flows on Druzhba pipeline suspended in parts of Eastern Europe

BUDAPEST/PRAGUE, Nov 15 (Reuters) – Oil supply to parts of Eastern and Central Europe via a section of the Druzhba pipeline has been temporarily suspended, according to oil pipeline operators in Hungary and Slovakia. The extent of the disruption was not immediately clear, and came concurrent with an explosion in a village in eastern Poland … 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

Biden calls on oil, gas companies to stop ‘war profiteering,’ threatens windfall tax

Biden calls on oil, gas companies to stop ‘war profiteering,’ threatens windfall tax

WASHINGTON, Oct 31 (Reuters) – U.S. President Joe Biden on Monday called on oil and gas companies to use their record profits to lower costs for Americans and increase production, or pay a higher tax rate, as he battles high pump prices with elections coming in a week. In remarks at the White House, Biden … Read more