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

Keystone cleanup turns remote Kansas valley into a small town

Keystone cleanup turns remote Kansas valley into a small town

WASHINGTON, Kan., Dec 18 (Reuters) – Farmer Bill Pannbacker got a call earlier this month from a representative from TC Energy Corp , telling him that its Keystone Pipeline, which runs through his farmland in rural Kansas, had suffered an oil leak. But he was not prepared for what he saw on his land, which … Read more

Kansas residents hold their noses as crews mop up massive U.S. oil spill

Kansas residents hold their noses as crews mop up massive U.S. oil spill

WASHINGTON, Kan., Dec 10 (Reuters) – Residents near the site of the worst U.S. oil pipeline leak in a decade took the commotion and smell in stride as cleanup crews labored in near-freezing temperatures, and investigators searched for clues to what caused the spill. A heavy odor of oil hung in the air as tractor … Read more

Investigators, cleanup crews begin scouring oil pipeline spill in Kansas

Investigators, cleanup crews begin scouring oil pipeline spill in Kansas

WASHINGTON, Kansas, Dec 9 (Reuters) – Emergency crews on Friday were preparing to labor through the weekend to clean up the largest U.S. crude oil spill in nearly a decade, with workers descending on this farming community from as far away as Mississippi. A heavy odor of oil hung in the air, according to a … Read more

Twenty oil tankers halted near Istanbul in insurance dispute

Twenty oil tankers halted near Istanbul in insurance dispute

Backlog unsettling oil and tanker markets Turkey says out of question to take insurance risk Yellen says oil from Kazakhstan should not be targeted Ankara says most of waiting ships are EU vessels ISTANBUL, Dec 9 (Reuters) – The number of oil tankers waiting in the Black Sea to pass through Istanbul’s Bosphorus Strait on … Read more

TC Energy shuts Keystone pipeline after oil spill into Kansas creek

TC Energy shuts Keystone pipeline after oil spill into Kansas creek

Dec 8 (Reuters) – Canada’s TC Energy on Thursday said it had shut its Keystone pipeline, crimping the flow of Canadian oil to U.S. refineries after a spill into a Kansas creek, and it was unclear how long the closure would last. The size and cause of the leak, which occurred about 20 miles south … Read more

Oil tankers queue up off Turkey as price cap on Russian crude kicks in – FT

Oil tankers queue up off Turkey as price cap on Russian crude kicks in – FT

Dec 5 (Reuters) – Oil tankers formed a traffic jam off the coast of Turkey on day one of the West’s price cap on Russian crude, with Ankara insisting on new proof of insurance for all vessels, the Financial Times reported on Monday. Around 19 crude oil tankers were waiting to cross Turkish waters on … Read more

EU fails to agree on Russian oil price cap, say diplomats

EU fails to agree on Russian oil price cap, say diplomats

BRUSSELS, Nov 28 (Reuters) – European Union governments failed to agree on Monday on a price cap on Russian seaborne crude oil, as Poland insisted that the cap had to be set lower than proposed by the G7 to cut Moscow’s ability to finance its invasion of Ukraine, diplomats said. “There is no deal. The … Read more

Dozens of LNG-laden ships queue off Europe’s coasts unable to unload

Dozens of LNG-laden ships queue off Europe’s coasts unable to unload

LONDON/MADRID, Oct 17 (Reuters) – Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this “exceptional situation”. Europe is facing an energy supply squeeze as Russia … Read more

Druzhba pipeline leak cuts oil flow to Germany, accident blamed

Druzhba pipeline leak cuts oil flow to Germany, accident blamed

WARSAW, Oct 12 (Reuters) – Poland said on Wednesday a leak in one of the Druzhba pipelines bringing oil from Russia to Europe hit supplies to Germany and was most likely caused by an accident, as Europe remains on high alert over its energy security. The discovery of the leak in the main route carrying … Read more