President Biden says the leader of Al-Qaeda has been killed. The terrorist, Ayman al-Zawahiri, was Osama bin Laden’s right hand man. A former diplomat compares the deadly strikes on these two masterminds of terror. Tensions ahead of House Speaker Nancy Pelosi’s expected trip to Taiwan. China, calling the possible visit “dangerous”, while the United States…
Pelosi Lands in Taiwan Despite China Threats; Biden Says ‘Justice Has Been Delivered’
Gas Price Falls for 7th Straight Week but Experts Warn It May Exceed $5 Again Soon
The price of gasoline fell for a seventh consecutive week, providing Americans with some relief at the pump, but experts have warned that prices could rise above $5 again this summer amid fears of a recession. According to the American Automobile Association (AAA), the national average for a gallon of gas fell on Aug. 1 to $4.21,…
Russia Cuts Gas Flows Further as Europe Urges Energy Saving
July 28, 2022
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FRANKFURT/LONDON—Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for the bloc to fill up storage ahead of the winter heating season. The cut in supplies, flagged by Gazprom earlier this week, has reduced the…
Kremlin: Gazprom Is Supplying as Much Gas to Europe as Possible
July 27, 2022
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MOSCOW—Russia’s Gazprom is supplying as much gas to Europe as possible, Kremlin spokesman Dmitry Peskov told reporters on Wednesday, adding that sanctions-driven technical issues with equipment were preventing Gazprom from exporting more. Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that…
Russian Gas Cut to Europe Hits Economic Hopes, Ukraine Reports Attacks on Coastal Regions
July 26, 2022
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KYIV—Russia said it will cut gas supplies to Europe from Wednesday, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain. The first ships from Ukraine may set sail in days under a deal agreed on Friday, the United Nations said, despite…
Ukraine Says Russia Increased Gas Pipeline Pressure Without Prior Notice
July 26, 2022
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Russian gas giant Gazprom has sharply increased pressure in the pipeline that delivers Russian gas to Europe without prior notice, the Ukrainian state pipeline operator company said on Tuesday. Such pressure spikes could lead to emergencies including pipeline ruptures, and pipeline operators are obliged to inform each other about them in advance, the Ukrainian company…
Global Gasoline Cracks Collapse, Blow to Refiners’ Profits
A sudden crash in global gasoline prices in the past two weeks has dented refiners’ profits, pushing up inventories in key trading hubs around the world while looming exports from China and India also add to pressure on growing stockpiles. Refiners will be forced to cut gasoline output to safeguard themselves against losses and switch…
Russia’s Gazprom Announces Reduction of Gas Through Nord Stream 1
Russian energy firm Gazprom said it will have to further reduce gas flow through the Nord Stream 1 pipeline this week due to repairs, coming as European Union officials called on member states to curb gas usage by next year. Gazprom, a state-run entity, resumed gas shipments via Nord Stream 1 on July 21 after…
Nord Stream Flows Stable, Eastbound Yamal Flows Decline
July 22, 2022
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LONDON—Physical flows of Russian gas through Nord Stream 1 pipeline to Germany remained stable on Friday, while eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany declined, operators’ data showed. On the Nord Stream AG website, physical flows were at 29,191,527 kWh/h for 0700-0800 CET (0500–0600 GMT), compared with levels around 29,000,000 kWh/h…
Russia Resumes Gas Supplies to Europe via Nord Stream Pipeline
Russian natural gas began flowing again through the Nord Stream 1 gas pipeline on Thursday after a planned shutdown saw it closed for 10 days, the pipeline operator has confirmed. Nord Stream 1 is the biggest single pipeline carrying Russian gas to Germany, and transports 55 billion cubic meters (bcm) of gas a year under the Baltic…
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