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Nine Companies to Buy Oil from US Strategic Reserve in Latest Sale
2022-08-11 - Valero Energy Corp., Motiva Enterprises, Phillips 66 and Chevron Corp. have all purchased oil from the U.S. Strategic Petroleum Reserve, with deliveries beginning in mid-September.
Germany Considering Repurposing Unused Nord Stream 2 Pipeline for LNG Use: Report
2022-06-24 - The German economy ministry is considering expropriating the German portion of the Nord Stream 2 pipeline system, built by Russian gas giant Gazprom, and cutting it off from the rest of the pipeline.
US to Sell Up to 45 Million Barrels of Oil from Historic SPR Release
2022-06-14 - The SPR release was meant to help control oil prices that spiked after Russia invaded Ukraine. However, oil prices have marched higher since the March 31 announcement.
Iran Seizes Two Greek Tankers amid Row over US Oil Grab
2022-05-27 - Also on May 27, Iran summoned an envoy of Switzerland, which represents U.S. interests in Tehran, to protest against the Pegas oil seizure, the Iranian foreign ministry said.
Canada Sends Repaired Nord Stream Turbine to Germany: Sources
2022-07-18 - The return of the turbine from Canada to the Russian Portovaya compressor station, a crucial element of Nord Stream, has been in focus for the past month since Russian energy producer Gazprom reduced gas supplies to Germany.