White House: Nord Stream 2 is ‘Bad Deal’ for Europe
Biden administration will review restrictions put in place by Trump.
Russia’s Oil Heartland Poised for Rebound after Output Cuts
Oil output in the region may see output rebounding to 215 million tonnes in 2021, said Sergei Filatov, head of subsoil management and natural resources at Khanty-Mansiisk (Yugra).
Energy A&D Transactions from the Week of Jan. 20, 2021
Here’s a snapshot of recent energy deals including the closing of ConocoPhillips’ $13.3 billion acquisition of Concho Resources, one of the largest independent shale producers in the Permian Basin.
Report: Nord Stream 2 Delays Resuming Construction
An official says that the pipeline’s construction will not resume, even with permission from Denmark.
Report: Nord Stream 2 to Resume Work in Danish Waters
US has threatened sanctions on companies involved in the project.
Energy A&D Transactions from the Week of Jan. 13, 2021
Here’s a snapshot of recent energy deals including the closing of Devon’s all-stock merger with WPX plus Pioneer completed its acquisition of Parsley creating a premier Permian independent energy company.
US: European Companies Face Sanctions Risk on Nord Stream 2
State Department report is expected to be issued later this week.
Energy A&D Transactions from the Week of Jan. 6, 2021
Here’s a snapshot of recent energy deals including the closing of Cenovus Energy’s nearly $5 billion acquisition of Husky plus a $215 million deal in the Powder River Basin.
Russian Annual Oil Output Falls for First Time Since 2008
Russia agreed to reduce its oil production in April last year by more than 2 million bbl/d, an unprecedented voluntary cut, along with other leading oil producers and OPEC.
Nord Stream 2 Completes Section of Gas Pipeline in German Waters
The Nord Stream 2 pipeline, which is estimated to cost 9.5 billion euros (US$11.6 billion), will make western Europe more dependent on Russian gas and Washington says it will compromise European energy security.