Nasdaq BRUSSELS – Germany on Thursday lost its fight in Europe’s top court against a ruling limiting Gazprom’s GAZP.MM access to the OPAL pipeline that links the Russian gas producer’s Nord Stream pipeline to the country. The case is part of a long-running dispute over the transportation of Russian gas to Europe, which has pitted Poland and other eastern European countries against
Reuters Brookfield Infrastructure Partners raised its hostile offer for Inter Pipeline Ltd for a second time to about C$8.58 billion ($6.85 billion) as it battles a rival bid from Pembina Pipeline Corp. Pembina has made an all-stock bid of about C$8.3 billion, while Brookfield had offered C$8.48 billion, with an all-cash option. Brookfield said on Thursday shareholders can now elect
Reuters WASHINGTON -The U.S. Supreme Court on Tuesday ruled in favor of a consortium of energy companies including Enbridge Inc seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline despite the state’s objections. The 5-4 ruling, authored by conservative Chief Justice John Roberts, handed a victory to PennEast Pipeline Company LLC, a joint
Reuters BERLIN – The conservative and Greens candidates to succeed German Chancellor Angela Merkel after September’s federal election clashed on Thursday on the Nord Stream 2 gas pipeline from Russia, and on whether Germany should host U.S nuclear weapons. In their first debate, focused on foreign and security policy, Armin Laschet, from Merkel’s conservative alliance, welcomed a decision by the
CALGARY, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) …
CNBC WASHINGTON — U.S. law enforcement officials said Monday they were able to recover $2.3 million in bitcoin paid to a criminal cybergroup involved in the crippling ransomware attack on Colonial Pipeline. “Today we turned the tables on DarkSide,” Deputy Attorney General Lisa Monaco said during a press briefing, adding that the money was seized via a court order. At
Reuters U.S. Secretary of State Antony Blinken said on Tuesday that Washington was working with Germany to try to mitigate any effects of the completion of the Russian Nord Stream 2 natural gas pipeline. He also indicated that more penalties could be in order for those involved with the project, telling a U.S. Senate Appropriations Committee hearing, “We also of
Reuters Pembina Pipeline Corp said on Tuesday it would buy a 50% stake in Canada’s proposed Cedar LNG Project to develop the floating liquefied natural gas facility in British Columbia in partnership with indigenous group, The Haisla Nation. Pembina expects to invest about $90 million into Cedar LNG over the next 24 months, including costs to acquire its interest in
Supports Goodnight Midstream’s Commitment to Significantly Reducing CO2 Emissions TXU Energy to Supply Goodnight with Clean Renewable Energy DALLAS, June 3, 2021 /PRNewswire/ — As part of its ongoing efforts to reduce greenhouse gas emissions, Goodnight Midstream LLC (“Goodnight”), a leading midstream produced-water infrastructure company, today announced that it has signed a 100 percent renewable energy contract with TXU Energy, a premier retail
Reuters The U.S. Federal Energy Regulatory Commission (FERC) approved U.S. energy company Enable Midstream Partners LP’s request to build the Gulf Run natural gas pipeline in Louisiana, according to a filing made available on Wednesday. But in what has become a recurring theme in pipeline approvals, the FERC Commissioners differed on how the Commission should consider greenhouse gas emissions from
Nasdaq May 28 – U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline COLPI.UL disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates following a slew of ransomware attacks. The Colonial ransomware attack on May 7 shut the largest fuel pipeline network in the
Reuters RIO DE JANEIRO/SAO PAULO – A consortium of Canada’s Enbridge, Belgium’s Fluxys and U.S. private equity firm EIG Global Energy Partners has submitted a non-binding offer for Brazil’s largest natural gas import pipeline, three people with knowledge of the matter told Reuters this week. Petroleo Brasileiro SA, as Brazil’s state-run oil company is formally known, put its stakes in
