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May 23, 2022

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Iran to revive gas pipeline project to Oman – IRNA

Reuters
Iranian flag flies in front of the UN office building, housing IAEA headquarters, amid the coronavirus disease (COVID-19) pandemic, in Vienna, Austria, May 24, 2021. REUTERS/Lisi Niesner Register now for FREE unlimited access to Reuters.com Register DUBAI, May 21 (Reuters) – Iran’s oil minister has agreed to revive a long-stalled......

Biden, South Korea’s Yoon vow to deter North Korea while offering COVID aid

Reuters
SEOUL, May 21 (Reuters) – President Joe Biden and his new South Korean counterpart agreed on Saturday to hold bigger military drills and deploy more U.S. weapons if necessary to deter North Korea, while offering to send COVID-19 vaccines and potentially meet Kim Jong Un. Biden and Yoon Suk-yeol said......

Russia stops Finland gas flows over payments dispute

Reuters
A view shows valves near a drilling rig at a gas processing facility, operated by Gazprom company, at Bovanenkovo gas field on the Arctic Yamal peninsula, Russia May 21, 2019. Picture taken May 21, 2019. REUTERS/Maxim Shemetov/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, May 21......

Putin promises to bolster Russia’s IT security in face of cyber attacks

Reuters
May 20 (Reuters) – President Vladimir Putin said on Friday that the number of cyber attacks on Russia by foreign “state structures” had increased several times over and that Russia must bolster its cyber defences by reducing the use of foreign software and hardware. The websites of many state-owned companies......

Woodside’s ‘crown jewel’ Scarborough gas lures buyers to fill Russia gap

Reuters
MELBOURNE, May 20 (Reuters) – Woodside Petroleum (WPL.AX) has received strong interest from companies for a stake in the Scarborough natural gas project it is developing off Western Australia in the wake of the Ukraine conflict, Chief Executive Meg O’Neill said on Friday. Woodside is set to become 100% owner......

Iraq bids to control Kurdistan oil revenue with contract switch

Reuters
LONDON, May 19 (Reuters) – Iraq has made a fresh attempt to control revenue from the semi-autonomous region of Kurdistan by asking oil and gas firms operating there to sign new contracts with state-owned marketer SOMO rather than the Kurdistan Regional Government (KRG). Oil minister Ihsan Ismael on May 7......

Centennial, Colgate Energy combine to create $7 bln oil producer

Reuters
May 19 (Reuters) – Centennial Resource Development Inc (CDEV.O) and Colgate Energy Partners III LLC have agreed to a merger of equals, the companies said on Thursday, creating a $7 billion Permian Basin-focused U.S. oil and gas producer. The deal comes when global crude prices have surged after sanctions on......

Half of Gazprom’s 54 clients opened Gazprombank accounts, says Russia’s Novak

Reuters
A person is pictured through a window above a Gazprombank branch in Moscow July 17, 2014. REUTERS/Sergei Karpukhin/File Photo Register now for FREE unlimited access to Reuters.com Register May 19 (Reuters) – Half of Russian gas giant Gazprom’s (GAZP.MM) 54 clients have opened accounts at Gazprombank, Deputy Prime Minister Alexander......

Column: Europe fills gas storage at record rate as Asia’s buyers step aside: Kemp

Reuters
A general view of the WINGAS gas storage facility near the northern German town of Rehden January 7, 2009. REUTERS/Christian Charisius Register now for FREE unlimited access to Reuters.com Register LONDON, May 17 (Reuters) – Europe’s gas inventories are rebuilding after winter at the fastest rate on record as the......

Yellen calls on allies to step up funding for Ukraine

Reuters
BRUSSELS, May 17 (Reuters) – U.S. Treasury Secretary Janet Yellen called for U.S. allies to step up financial support for Ukraine on Tuesday, saying that funds announced so far would not be sufficient for the country’s short-term needs as it battles a Russian invasion. “Ukraine’s financing needs are significant,” Yellen......

EU says legal Russian gas payments possible, warns against rouble accounts

Reuters
A pressure gauge is pictured at a Ukrainian gas compressor station in the village of Boyarka near the capital Kiev January 20, 2009. REUTERS/Konstantin Chernichkin Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 17 (Reuters) – The European Commission said on Tuesday opening accounts in roubles at......

Oil prices inch lower as EU’s Russian oil ban stalls

Reuters
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register Hungary holds out on signing Russian oil embargo Shanghai achieves COVID-19 milestone Sweden and Finland......

Ukraine restarts gas distribution stations, supplies in Kharkiv

Reuters
May 16 (Reuters) – Ukraine’s gas transit system operator said over the weekend that it had resumed operations at two distribution stations in the Kharkiv region and restarted gas supply to more than 3,000 consumers. Ukraine has scored a series of successes since Russia invaded on Feb. 24, forcing Moscow’s......

Beautiful song shows Ukraine’s bravery, NATO deputy says lauding Eurovision win

Reuters
BERLIN, May 15 (Reuters) – Eurovision and NATO might not usually be associated, but on Sunday the military alliance’s deputy chief congratulated Ukraine for winning the annual music contest with a “beautiful song”, calling it a testament to its bravery in fighting Russia. Foreign ministers from the 30-member alliance NATO......

Ukrainian forces thwart Russian river crossing, hit naval ship

Reuters
Russian military vehicles destroyed at river crossing Ukraine says it set Russian supply ship in Black Sea on fire More than 210,000 children deported to Russia, Kyiv says Kremlin mulls retribution for Finland and Sweden NATO moves DERGACHI, Ukraine, May 13 (Reuters) – Ukrainian forces destroyed a pontoon bridge and......

Europe’s gas supply crisis grows after Russia imposes sanctions

Reuters
The logo of Gazprom Germania is pictured at their headquarters, in Berlin, Germany April 1, 2022. REUTERS/Fabrizio Bensch Register now for FREE unlimited access to Reuters.com Register BERLIN, May 12 (Reuters) – Pressure on Europe to secure alternative gas supplies increased on Thursday after Moscow imposed sanctions on European subsidiaries......

NATO to welcome Nordic members as Ukraine pushes back Russian forces

Reuters
Finland to apply to join NATO ‘without delay’ -government Ukraine halts major route for Russian gas to Europe Russia imposes sanctions on Gazprom units in Europe, U.S. Ukraine forces seek to cut Russian battlefield supply lines HELSINKI/KYIV, May 12 (Reuters) – Finland said on Thursday it intended to apply to......

Ukraine pushes Russian forces back, restricts gas flow to Europe

Reuters
Ukraine redirecting Russia gas to Europe Ukraine counter-offensive could shift war’s momentum Ukrainian forces seeking to cut off Russian supply lines Kremlin: Kherson residents can decide whether to join Russia Mariupol steelworks under bombardment again KYIV/VILKHIVKA, Ukraine, May 11 (Reuters) – Ukrainian forces reported battlefield gains on Wednesday in a......

Occidental profit tops estimates on oil prices despite lower output

Reuters
The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni Register now for FREE unlimited access to Reuters.com Register May 10 (Reuters) – U.S. oil and gas producer Occidental Petroleum Corp (OXY.N) beat Wall Street’s earnings estimates and swung to a profit from a......

Ukraine operator to suspend Russian gas flow via Sokhranivka entry point

Reuters
Gas pipelines are pictured at the Atamanskaya compressor station, facility of Gazprom’s Power Of Siberia project outside the far eastern town of Svobodny, in Amur region, Russia November 29, 2019. REUTERS/Maxim Shemetov. Register now for FREE unlimited access to Reuters.com Register LONDON, May 10 (Reuters) – Ukraine’s gas system operator......

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