OPEC+ Members Endorse Output Cut after US Coercion Accusation
The Gulf state’s energy minister, Suhail al-Mazrouei, wrote on Twitter: “I would like to clarify that the latest OPEC+ decision, which was unanimously approved, was a pure technical decision, with NO political intentions whatsoever.”
Putin: Germany Unlikely to Accept Gas Via Remaining Nord Stream 2 Pipeline
Putin said on Oct. 12 that Russian gas could still be supplied to Europe through the one remaining intact line of the uncommissioned Nord Stream 2 pipeline, but a German government spokesman ruled this out.
Schlumberger Faces Employee Backlash in Russia over Cooperation on Draft
Schlumberger’s cooperation with authorities by delivering the military call-ups and its refusal to allow Russian staff to work outside the country has caused a backlash, according to the sources.
Siemens Energy Sells Russia-Based Gas Turbine JV to Local State Firm
Siemens Energy in August said it might sell or wind down its Russian business and that it was in touch with public authorities to work through the details.
Gazprom CEO Says Big Part of Nord Stream May Need to Be Replaced
“Experts say that in order to restore work after such a terrorist act, it is necessary to actually cut off a very large piece of pipe, at a great distance, and in fact build a new section on this section,” Gazprom CEO Alexei Miller said.
TotalEnergies to Continue Shipping Russian LNG, CEO Says
TotalEnergies’ Chairman and CEO Patrick Pouyanne said the French supermajor will continue to transport LNG from Russia while no sanctions on those activities exist.
Putin Moots Major Gas Hub in Turkey with Nord Stream Supplies
"We could move the lost volumes from the Nord Streams along the bottom of the Baltic Sea to the Black Sea region and thus make the main routes for the supply of our fuel, our natural gas to Europe through Turkey, creating the largest gas hub for Europe in Turkey," Russian President Vladimir Putin said at a Moscow energy conference.
Putin Says Russia Not Working ‘Against Anyone’ in Energy Markets
Speaking with President Sheikh Mohammed bin Zayed al-Nahyan of the UAE, Putin said Russia aimed to create stability on energy markets and ensure that supply and consumption were balanced.
EOG Resources Pays $847 Million to Settle Q3 Hedges
EOG settles wrong-way bets on energy prices following Russian invasion of Ukraine.
Kremlin Praises OPEC+ for Countering US ‘Mayhem’
Kremlin spokesman Dmitry Peskov said it was very good that such “balanced, thoughtful and planned work of the countries, which take a responsible position within OPEC, is opposed to the actions of the U.S.”