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Oil Pipeline
Marathon Petroleum Shuts Oil Pipeline After Leak in Illinois
Marathon Pipe Line Inc. has shut down a pipeline in Illinois that leaked crude oil into a local canal, the company said on Last Saturday.
Crude Oil
Can OPEC Help Manage the Ongoing Crude Price Rally with Its Spare Capacity?
The group needs to reassure consumers as to how much spare capacity it holds and that it is ready to use it in an emergency.
Oil & Gas Trade
Iran Says US Has Failed to Stop Oil Exports
Iran said on Last Saturday that US attempts to seize its tankers and oil cargo had failed to stop exports that are subject to sanctions imposed by its arch foe.
LNG
Europe’s Plan to Quit Using Russian Fuel Starts a Global Fight for Gas
The liquefied natural gas market is primed for a global battle for supply with far-reaching repercussions as the threat of Russia cutting off Europe sends the c…
Natural Gas
U.S. Gasoline Prices Edge Lower After Hitting Record High Last Week
U.S. gasoline prices at the pump edged lower over the weekend after reaching all-time highs last week following Russia's invasion of Ukraine.
Oil Price
Could Oil Prices Really Hit $200?
Commodity prices, including oil and natural gas, are all over the place.
Russian Federation
Renewable Energy Could Benefit from US Ban on Russian Oil
President Biden’s Executive Order banned the import of oil, liquefied natural gas and coal from Russia.
Oil & Gas Supply
India, Russia Discuss Ongoing & Potential Joint Energy Projects
India and Russia on last Friday held detailed dialogue on current and potential joint projects in the fuel and energy industry and probable mechanisms for trans…
Crude Oil
Reluctance to Buy Russian Crude Could Cause Long-Term Output Problems
Standard Chartered: continuing consumer reluctance to buy from Russia and shortages of capital, equipment, and technology will impact Russian oil output.
EU
The EU Wants to Give up Russian Gas
The EU's demand for Russian gas could decrease by as much as two-thirds by the end of 2022.
Energy Transition
At Global Energy Conference, Oil and Gas Industry Leaders Argue For Fossil Fuels’ Future in the Energy Transition
Russia’s invasion of Ukraine and grim climate reports changed the conversation, but not the industry’s assertion that it will remain a critical part of the gl…
Natural Gas
Why LNG Won’t Fully Replace Russian Gas in Europe
Europe faces a number of challenges in importing more U.S. LNG.
Germany
German Finance Minister Plans Gasoline Discount
German Finance Minister Christian Lindner plans to introduce a discount on gasoline to help motorists cope with soaring prices, Bild daily reported on Sunday.
Oil Price
Oil Prices Fall, Continuing Downward Trend From Last Week
Oil prices fell on Sunday at the start of the session, extending last week’s decline, as a U.S. official said Russia was showing signs it might be willing to h…
Crude Oil
Countries and Companies Shun Russian Crude over Ukraine Invasion
Russian gas flows to Europe remain stable, but Moscow is starting to face problems in selling its crude oil and oil products as Western sanctions over Russia's …
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