US prepared to authorize Chevron to boost Venezuela’s oil output

US ready to allow oil giant to produce, sell Venezuelan oil Chevron is owed billions in unpaid debts by state-run PDVSA US aims to shift Venezuelan oil sales from shadow firms HOUSTON, Nov 23 (Reuters) – Chevron Corp could soon win US approval to expand operations in Venezuela and resume trading its oil once the … 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

France, Spain and Portugal agree to build Barcelona-Marseille gas pipeline

MADRID/BRUSSELS, Oct 20 (Reuters) – Spain, Portugal and France said on Thursday they will build a sea-based pipeline to carry hydrogen and gas between Barcelona and Marseille, substituting plans to extend the so-called MidCat pipeline across the Pyrenees that France opposed. The route, dubbed BarMar, will mainly be used to pump green hydrogen and other … 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

EU leaders reaffirm support for Ukraine, squabble over gas cap

Division over details of gas price chap European Commission to make proposals for EU summit on Oct.20-21 Poland criticizes Germany for big spending on compensation EU27 vow continued financial and military support for Ukraine Scholz says rebuilding Ukraine will take a generation PRAGUE, Oct 7 (Reuters) – European Union leaders on Friday agreed to give … 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

Ban on gas fracking in England lifted in push for energy independence

Register now for FREE unlimited access to Reuters.com Register Britain pushing to increase domestic energy supply Moratorium has been in place since 2019 More research needed to assess the risk of tremors BGS survey says challenges remain on predicting impact LONDON, Sept 22 (Reuters) – Britain on Thursday formally lifted a moratorium on fracking for … Read more