U.S. Refiners Cut Russian Oil Imports
Some of the biggest U.S. importers of Russian crude oil have started suspending their purchases of the commodity, including Monroe Energy, which is the third-biggest U.S. buyer of Russian oil. Continue Reading
US coal export prices hit all-time highs
Coal prices rise across continents Russia/Ukraine conflict bolsters prices: broker Global energy prices rose sharply this week amid the Russia-Ukraine conflict, a trend that hit US thermal coal export prices Continue Reading
US oil, gas rig count up 4 on week, Permian totals continue to inch higher: Enverus
Permian now numbers 320 rigs, up 4 Basin is still 100-plus off pre-pandemic highs Inflation bites into drilling, completion budgets The US oil and gas rig count grew four in Continue Reading
US natural gas inventories decline 139 Bcf as withdrawal season enters final month
The latest weekly draw from US natural gas storage inventories once again outpaced the average rate as only one below-average pull has been seen year to date, widening the deficit Continue Reading
Solid U.S. job gains forecast in February; unemployment rate seen dipping to 3.9%
Nonfarm payrolls forecast increasing 400,000 in February Unemployment rate seen falling to 3.9% from 4.0% Average hourly earnings forecast rising 0.5% Average workweek seen climbing to 34.6 hours WASHINGTON, March Continue Reading
Russian Forces Occupy Site of Nuclear Plant as Fire Contained
Ukraine Energy Minister Herman Halushchenko says a fire at the Zaporizhzhia nuclear power plant has been extinguished. Russian forces occupied the site of Europe’s largest nuclear power plant Friday after Continue Reading
Exxon’s Bank in Russia Among Those Hit by Sanctions Over Ukraine
A bank used by Exxon Mobil Corp. to pay the salaries and pensions of its workforce in Russia was among those sanctioned by the White House, according to two people Continue Reading
Russia’s Yamal-Europe westbound gas pipeline flows stopped on Friday
Westbound natural gas flows through the Yamal-Europe pipeline stopped on Friday while Gazprom’s bids for additional transit capacity via Ukraine stand at high levels, data from pipeline operators shows. Flows Continue Reading
Russia to introduce jail terms for spreading ‘fake’ information about army
Russia’s parliament on Friday passed a law imposing a jail term of up to 15 years for spreading intentionally ‘fake’ information about the armed forces as Moscow fights back in Continue Reading
Gazprom says Russian gas flows to Europe via Ukraine continue as normal
Russian state gas company Gazprom said on Friday it was shipping gas to Europe via Ukraine in line with customers’ requests. The requests stood at 109.5 million cubic metres as Continue Reading