Fuel and energy

The OPEC+ alliance will increase the oil production by 100,000 barrels per day in September, according to its communique issued after the Wednesday meeting.

Only one of the five turbines at the Nord Stream 1 pipeline compressor station is currently working, Siemens Energy said on Wednesday

Spain will issue huge fines for violating energy restrictions amid Europe’s energy crisis, El Mundo reported Tuesday

The G7 countries are considering a "comprehensive" ban of services that enable transportation of Russian seaborne oil and oil products, G7 said on Tuesday.

Nations seeking to help Ukraine should aim at reducing Russia’s profits from oil, not how much it exports.

The Russian gas deliveries via the Nord Stream pipeline fell to 20% of its capacity and reached 1.3 million cubic meters per hour from 07:00 GMT a.m. on Wednesday, its operator Nord Stream AG said.

The United States became the world’s largest LNG exporter in the first half of 2022, the US Energy Information Administration reports

The US Department of Energy (DOE) said on Tuesday that it will release 20 million barrels from the Strategic Petroleum Reserve 

Bondholders of Ukraine’s state-owned energy firm Naftogaz have rejected a proposal for a two-year repayment freeze, media reported on Monday

Russia’s Gazprom has announced it will switch off another turbine in the Nord Stream pipeline, citing technical regulations, media reports

Gazprom, Russia’s state energy giant, said it would halve the amount of gas it sends to Germany through the Nord Stream 1 pipeline, bringing it down to 20 percent of capacity.

Siemens Energy has sent Russian energy giant Gazprom an export license issued by Canada for the repair, maintenance and transportation of the Nord Stream-1 turbine, the Russian Kommersant newspaper reports.

Russian gas deliveries via the Nord Stream 1 pipeline were resumed on Thursday morning following scheduled maintenance work

Operator Nord Stream AG said on Thursday that it had successfully completed all planned works on both strings of the Nord Stream gas pipeline on time.

Moscow will stop exporting oil to the world market if the Western price cap on Russian crude makes it unprofitable, the deputy PM says