Russian and Kazakhstan oil exports via the Caspian Pipeline Consortium (CPC) from the Black Sea may fall by up to 1 million barrels per day (bpd), or 1 percent of global oil production, due to storm-damaged berths, a Russian official said on Tuesday. Pavel Sorokin, a deputy energy minister, said the second berth could also…
Russia Warns of Sharp Caspian Pipeline Oil Export Drop After Storm
March 24, 2022
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Oil Jumps in Volatile Trade Amid CPC Pipeline Disruption
March 23, 2022
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LONDON—Oil prices rose in volatile trading on Wednesday, supported by disruption to Russian and Kazakh crude exports via the CPC pipeline. Brent crude futures were up $5.16, or 4.5 percent, at $120.64 a barrel at 1335 GMT. Prices had earlier fallen to a low of $114.45. U.S. West Texas Intermediate (WTI) crude futures rose $4.83,…
Michigan Wants ‘To Have Its Cake and Eat It Too’ on Line 5: Chambers of Commerce
Business leaders from the United States and Canada are again wading into the fray over Line 5, accusing the state of Michigan of dragging its heels to ensure the controversial cross-border pipeline remains in a state of legal limbo even as both countries contend with a looming energy crisis. In a new joint amicus brief,…
Gas Through Russia’s Yamal Pipeline Reverses to Flow Eastwards
LONDON—A section of the Russian Yamal-Europe pipeline resumed eastbound gas delivery to Poland from Germany on Tuesday following normal, westbound supplies earlier in the morning, data from German network operator Gascade showed. According to the data, gas flows eastwards at the Mallnow exit point were at 4,296,828 kilowatt-hours per hour having flowed in the other…
Keystone XL Pipeline Developer Says It Won’t Restart Project
The company behind the Keystone XL pipeline said it will not be restarting the pipeline after both Canadian and American elected officials called for the project’s revival amid soaring oil and gas prices. The Biden administration Tuesday banned Russian oil imports over the conflict in Ukraine as the average price for a gallon of gasoline…
Manchin Objects to New Greenhouse Gas and Environmental Impact Policies on Natural Gas Pipelines
March 3, 2022
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The Federal Energy Regulatory Commission’s (FERC) February policy statements on interstate natural gas projects drew strong objections from Sen. Joe Manchin (D-W.Va.) and the two out of the five FERC commissioners who voted against the statements. Those statements, which add consideration of greenhouse gas emissions and environmental impacts, including on “environmental justice communities,” for FERC to approve…
Republicans Urge Gov. Wolf: Unleash Pennsylvania’s Immense Gas Reserves
March 2, 2022
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Looking at the instability of the European energy markets, Pennsylvania House Republicans are urging Gov. Tom Wolf to unleash Pennsylvania’s natural gas stores to power the world. The largest natural gas reserve in the United States is mostly underground, in Pennsylvania and West Virginia. “If our region was its own country, we’d be the eighth…
Pipeline Winner Moana Jones Wong Awarded Second Wildcard Spot at Sunset Pro
The winner of the women’s Billabong Pro Pipeline, Moana Jones Wong, has been awarded another wildcard entry into the Hurley Pro Sunset Beach, due to start on Friday. The North Shore local, who took down two-time world champion Australian Tyler Wright in the semi-final and five-time world champion Hawaiian Carissa Moore in the final at…
Jones Wong and Slater Victorious at Pipeline
North Shore local Moana Jones Wong and 11-time world champion Kelly Slater took out the Billabong Pro Pipeline in double-overhead-plus conditions at the famed break on the North Shore of O’ahu, Hawaii over the weekend. Jones Wong, a wildcard entry to the event, overcame 5-time world champion and Olympic gold medalist Carissa Moore, also of…
Billabong Pro Pipeline Surfing Event to Be Decided on Saturday
The finals of the Billabong Pro Pipeline Championship Tour surfing event will kick off on Saturday at the famous break on the North Shore of O’ahu, Hawaii. The women’s event is at the semi-finals stage, with former world champ Australian Tyler Wright, taking on North Shore local and wildcard entry Moana Jones Wong, and current…
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