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Repair to oil pipe that shut U.S. offshore output due by end of day


Crews were expected to replace a damaged oil pipeline piece by the end of the day on Friday, a Louisiana

Russian gas crisis raises credit pressure on European governments


A squeeze in Russian gas supplies would threaten the credit ratings of Slovakia, the Czech Republic and Italy, Moody’s said

U.S. offshore oil output to restart after pipeline fix


A damaged oil pipeline component that disrupted output at several offshore U.S. Gulf of Mexico platforms is expected to be

ENGINE: Americas Bunker Fuel Availability Outlook


North America
Prompt VLSFO and LSMGO availability remains normal in the Houston area. LSMGO can be tight for prompt dates in New Orleans. A supplier has a tight schedule for delivery dates 3-7 days out. Another supplier can commit to

Nine companies to buy oil from U.S. strategic reserve in latest sale


The United States on Thursday said nine companies will buy 20 million barrels of oil in the latest sale from

New gas pipeline linking Spain to France could be operating in 8-9 months


A new gas connection linking Spain and France could be ready to operate within eight or nine months, Spanish Energy

EU gas flows via Nord Stream and Ukraine remain steady


Russian gas flows to Europe via the Nord Stream pipeline and via Ukraine remained steady on Friday, operator data showed.


Mexico’s Pemex in talks with Vitol, eyes resuming business after bribery scandal


Petroleos Mexicanos (Pemex) has made progress in talks with global energy trader Vitol about resuming trading ties that broke down

Russian oil production to fall by a fifth since EU import ban, IEA says


Russian oil production is set to drop by 20% next year as the European Union’s import ban on Russian oil-product

European gas prices soar as flows from Nord Stream 1 pipeline stay at 20%, Rystad says


European gas prices have soared as flows from Russia through the Nord Stream 1 pipeline stay low, exacerbating the region’s

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