Natural Gas , Trade , International , Construction , Pipelines

Russia’s Nord Stream 2 Pipeline Completes Construction

The much-politicized Nord Stream 2 pipeline will double Russia’s gas exporting capacity to Europe via the Baltic Sea and will allow Moscow to circumvent its political foe Ukraine.

September 10, 2021

Natural Gas , Trade , International

Natural Gas Prices to the Moon

Here is a deeper look at why natural gas—after years of relatively low prices—is suddenly pricing at a premium to oil.

September 10, 2021

Crude Oil , Trade , International

Saudi Arabia Slashes Crude Oil Prices to Asia

State oil giant Saudi Aramco lowered for the first time in four months the official selling price of Arab Light crude for delivery to Asia in October to a premium of $1.70/bbl versus the average of DME Oman and Platts Dubai crudes.

September 7, 2021

Markets , Policy & Regulations , International

OPEC+ Sticks to Gradual Oil Output Hikes, Ups Demand Forecast

OPEC+ has agreed to release 400,000 bpd to the market in October again, after already doing so in September.

September 1, 2021

Business , Exploration & Production , Legislation , International

Norway Proposes Overhaul of Oil and Gas Tax Rules

Norway is western Europe’s largest oil and gas producer and companies operating on the Norwegian continental shelf include Equinor, Shell, TotalEnergies, ConocoPhillips, as well as Aker BP and Lundin Energy.

September 1, 2021

Crude Oil , International

China's Oil Demand Recovers as COVID Impact Eases, More Quotas Eyed

China's demand for spot crude appears to be recovering after nearly five months of slower purchases caused by a shortage of import quotas, drawdowns from high inventories and COVID-19 lockdowns that muted Chinese fuel consumption.

August 31, 2021

Crude Oil , International

OPEC+ Likely to Keep Oil Output Policy from September Unchanged, Sources Say

"Current oil prices around $70 are okay. OPEC+ is likely to continue as planned with the increase of 400,000 bpd," said one source.

August 30, 2021

Markets , International , Energy Transition

The Real Energy Transition to Watch

The energy transition revolution is occurring everywhere in the world, but it doesn’t always look like what’s happening in the U.S., says the Baker Institute’s Ken Medlock.

August 26, 2021

Trade , International , Pipelines

Russia Pledges Retaliation after New US Sanctions on Nord Stream 2 Pipeline

The $11 billion project, which will double the existing Nord Stream pipeline across the Baltic Sea and allow Russia to bypass Ukraine when piping gas to Europe, has been a focal point of tensions between Moscow and Washington.

August 23, 2021

Trade , International

Iran Resumes Fuel Exports to Afghanistan after Taliban Request, Union Says

To counter the price spike, the new Taliban government asked Shi'ite Iran to keep the borders open for traders.

August 23, 2021