International
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.