Exclusive: US issues license to Trinidad and Tobago to develop Venezuela offshore gas field

WASHINGTON/PORT OF SPAIN, Jan 24 (Reuters) – The Biden administration has granted a license to Trinidad and Tobago to develop a major gas field located in Venezuelan territorial waters, US and Trinidad officials said on Tuesday, marking a further easing of some sanctions on Venezuela. The license, issued by the US Treasury Department at Trinidad’s … Read more

Chevron awaits Venezuelan oil cargoes, but PDVSA wants payments

HOUSTON, Nov 28 (Reuters) – Chevron Corp (CVX.N) aims to start receiving cargoes of Venezuelan oil as early as December after the oil company last week received a US license to do so, but Caracas may not be as eager because US sanctions restrict payments, people familiar with the matter said. The United States on … Read more

Chevron can resume key role in Venezuela’s oil output, exports

WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a US license allowing the second-largest US oil company to expand its production in Venezuela and bring the South American country’s crude oil to the United States. The decision grants broader rights for the last big US oil company still operating in US-sanctioned Venezuela. However, … Read more

Factbox: Europe’s alternatives if Russia shuts off gas supply

LONDON, Oct 20 – Unexplained damage to the Nord Stream pipelines that run under the Baltic Sea have dashed hopes that Russian gas flow to Germany will resume anytime soon. Nord Stream 1 had been idle since the end of August for maintenance work, prompting concerns about supply to Europe if the outage was extended. … Read more

Nord Stream ruptures revealed as Europe grapples with gas plan

Nord Stream leaks discovered in late September Newspaper reports what it calls first images of damage EU to propose energy measures, avoid immediate gas price cap EU seeks to launch new gas price benchmark, joint purchases COPENHAGEN/BRUSSELS , Oct 18 (Reuters) – Damage to the Nord Stream gas pipeline from Russia to Europe was caused … Read more

EXCLUSIVE Schlumberger faces employee backlash in Russia over draft cooperation

Oct 14 (Reuters) – Some of oilfield service firm Schlumberger’s (SLB.N) more than 9,000 Russian employees have begun receiving military draft notices through work, and the company is not authorizing remote employment to escape mobilization, according to people familiar with the matter and internal documents. Schlumberger’s cooperation with authorities by delivering the military call-ups and … Read more

Putin blames Europe for energy crisis as price cap divides EU

Putin says Russia not to blame for high energy prices EU energy ministers fail to agree on gas price cap Oil pipe leak in Poland seen as accident Britain acts to curb gains of low-carbon producers PRAGUE/WARSAW, Oct 12 (Reuters) – Russia’s president said Europe was to blame for its energy crisis with policies that … Read more

Nord Stream investigation finds evidence of detonations, Swedish police say

Swedish Security Service says ‘gross sabotage’ indicated Investigation shows detonations at Nord Stream 1 and 2 pipelines Russia says not asked to participate in investigation HELSINKI/STOCKHOLM, Oct 6 (Reuters) – A crime scene investigation of the Nord Stream 1 and 2 gas pipelines from Russia to Europe found evidence of detonations, strengthening suspicions of “gross … Read more

Q+A Nord Stream gas ‘sabotage’: who’s being blamed and why?

WARSAW, Sept 30 (Reuters) – Major leaks that suddenly erupted in the Nord Stream gas pipelines that run from Russia to Europe under the Baltic Sea have generated plenty of theories but few clear answers about who or what caused the damage. Here is what we know and what has been said so far: WHO … Read more

Europe suspects sabotage as mystery gas leaks hit Russian pipelines

Polish PM: leaks were caused by sabotage Operator says damage to Nord Stream 1 ‘unprecedented’ Crisis over Russian gas has sent prices soaring Europe has been racing to find alternative supplies STOCKHOLM/COPENHAGEN, Sept 27 (Reuters) – Europe was racing on Tuesday to investigate possible sabotage behind sudden and unexplained leaks in two Russian gas pipelines … Read more