Nasdaq Swiss-based Nord Stream 2 said it has appealed a court decision that confirmed the pipeline will not be exempt from European Union rules that require the owners of pipelines to be different from the suppliers of the gas that flows in them. The decision was made by the Duesseldorf Higher Regional Court in August, and a spokesperson for the
World Oil (Bloomberg) –The Canadian government invoked oil and gas transit rights under a decades-old treaty with the U.S. to stop Michigan’s attempt to shut down an Enbridge Inc. pipeline under the Great Lakes. A 1977 agreement states Canada and the U.S. must allow natural gas and crude oil to flow between the two countries, according to a statement Monday
World Oil MOSCOW (Bloomberg) – Europe’s worst energy crisis in decades could drag deep into the cold months as Russia is unlikely to boost shipments until at least November. Gazprom PJSC is producing the most gas in more than a decade for this time of year, but the additional output is staying at home. Russia needs to refill its storage
Fox Business NEW YORK – Dakota Access on Monday asked the U.S. Supreme Court to revisit whether the largest pipeline out of the North Dakota oil basin requires additional environmental review. The U.S. District Court for the District of Columbia revoked a key environmental permit for the pipeline last year and ordered an additional environmental study. The pipeline entered service in 2017
Reuters WASHINGTON – U.S. Secretary of State Antony Blinken appealed to the Senate on Tuesday to quickly confirm President Joe Biden’s nominees for national security-related positions, citing the ever-present risk of attacks. “It is essential that we accelerate the process for national security appointments since a catastrophic attack could occur with little or no notice,” Blinken told a Senate Foreign
Reuters The launch of Russia’s Nord Stream 2 gas pipeline will mean Europe will be solely dependent on Moscow-run pipelines as the Ukrainian route for gas delivery to Europe disappears, the head of Ukraine’s gas transit operator said. Russia’s Gazprom has almost completed the construction of Nord Stream 2, which can divert transit gas flows still going through Ukraine to
World Oil (Bloomberg) –Nord Stream 2 AG, the Gazprom PJSC-owned pipeline project to bring more Russian natural gas to Europe, risks delays after losing a court ruling imposing changes to its organization. The Dusseldorf Higher Regional Court on Wednesday dismissed a bid to sidestep European Union rules requiring gas producers to be legally separate from entities that transport the fuel,
World Oil (Bloomberg) – Chancellor Angela Merkel reinforced her vow to push for additional sanctions against Russia if the Kremlin uses the Nord Stream 2 gas pipeline linking Russia to Germany as a “weapon.” The comments came two days after President Vladimir Putin raised the stakes in mounting tension over energy with the EU. Putin imposed conditions on any extension
Reuters BERLIN/KYIV – German Chancellor Angela Merkel on Thursday defended a deal with the United States that allows the Nord Stream 2 gas pipeline to proceed as a pragmatic compromise, but Ukraine said it was too weak to ensure Russia behaves the way Kyiv and the West want. Ukraine has long opposed the nearly completed $11 billion project which will
Fox Business Former Secretary of State Mike Pompeo slammed the Biden administration on Wednesday for the agreement with Germany, which would allow for the completion of the controversial Russian Nord Stream 2 natural gas pipeline, arguing that it would “really undermine American national security.” The agreement, confirmed by Fox News, bucks longstanding opposition to the pipeline in Washington, D.C., and was opposed by officials from
$310 million acquisition includes two small-scale, domestic LNG production and fuel…
Reuters WASHINGTON – President Joe Biden and German Chancellor Angela Merkel failed on Thursday to settle their dispute over Russia’s Nord Stream 2 natural gas pipeline but said they agreed that Moscow must not be allowed to use energy as a weapon to coerce its neighbors. “Good friends can disagree,” Biden told reporters after two meetings with Merkel at the
