Energy

Washington’s Nord Stream 2 Sanctions May Have Boomerang Effect on US Interests – German Media Reports

The US Congress has moved forward with legislation to impose sanctions on the Nord Stream 2 pipeline project in defiance of criticism from Washington’s allies in Europe, as the joint venture brings together Russia’s Gazprom, Germany’s Uniper and Wintershall, Austria’s OMV, France’s Engie, and Anglo-Dutch Royal Dutch Shell.

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US Envoy to Germany Threatens Nord Stream 2 Firms With Sanctions AGAIN

Washington has repeatedly threatened to impose sanctions on all parties related to or working on Nord Stream 2, with President Donald Trump accusing Germany of being a “captive” of Russia and urging Berlin to halt its cooperation on the $11-billion project.

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Berlin’s ambassador in Washington attempts to defend Russian energy majors from US sanctions

The German Ambassador to the United States has asked the US Congress to hold back new sanctions against two of Russia’s biggest gas corporations, as further penalties may put energy security of the European Union in jeopardy.

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US Hopes Strangling Iran’s Oil Trade Sparks Insurrection – Ex-UK Ambassador

WASHINGTON (Sputnik) – The US government is ending sanctions waivers for Iranian oil importers to provoke a violent insurrection or establish a casus belli for an external invasion, former UK Ambassador Peter Ford told Sputnik.

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The one thing that could derail the US oil boom

As US crude exports soar, an unexpected issue is plaguing domestic producers, and it could completely derail the country’s oil boom. Two South Korean refiners have canceled the delivery of US crude oil cargoes that were due to arrive in January and February this year, Bloomberg reported earlier this week.

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German MEP Vows to Use ‘All Tools’ to Stop Nord Stream 2’s Construction

Earlier this week, the European Parliament adopted a resolution calling for the stopping of the Nord Stream 2 gas pipeline, which the document claimed boosts the EU’s dependence on Russian gas supplies and threatens the bloc’s energy security.

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Pompeo seeks to recruit top world oil execs to promote US foreign policy

US Secretary of State Mike Pompeo has sought to recruit some of the top oil industry guns to serve as Washington’s foreign policy tools to crack down on “bad actors” like Venezuela, Russia and Iran.

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Russian LNG will be cheaper for Europe than US alternative – Novatek

Europe will pay half as much for liquefied natural gas (LNG) from Russia than what US energy companies offer, according to independent Russian gas producer Novatek.

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BP Chief Calls US ‘Market Without Brain’ for Renewing Record Oil Output

The United States is acting as “a market without a brain” as it responds to prices and increases its oil output to record highs, Bob Dudley, the chief executive officer of the UK multinational BP Group, said Tuesday.

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Washington pushing own gas sales to Europe by criticizing Russian pipeline – Bavarian PM

The Nord Stream 2 gas pipeline project, implemented by Russian energy corporation Gazprom, serves the interests of Germany, according to Bavarian Prime Minister Markus Soder, as quoted by Frankfurter Allgemeine Zeitung.

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US arm-twisting & pipe dreams aside, Europe just won’t quit Russian gas imports

Austria will continue buying Russian gas despite US pressure and fear-mongering from Poland and Ukraine about dangers to European energy security. The cost of importing US gas is just not right, says its Chancellor Sebastian Kurz.

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4 ways India is putting its own interests before Washington’s

India appears to be defying every foreign policy goal relentlessly pursued by the US, stubbornly striking deals with nations Washington is trying to isolate from global trade. Russia, Iran and now Venezuela – all among the top targets of Washington’s aggressive rhetoric and sanctions – are also among the nations India has been refusing to […]

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US imports of ‘sanctioned’ Venezuelan oil surge fivefold

Purchases of Venezuelan crude by US energy companies saw a five-fold weekly growth as of the middle of February, nearly reaching their pre-sanctions level, the latest data published by the International Energy Agency (IEA) shows.

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Nord Stream 2 is in ‘our interest’, says German minister amid US pressure on project with Russia

As the US tries to impede Berlin from a joint energy project with Russia – Nord Stream 2 – the German economy minister says that his country will stick to the enterprise, backing Moscow as a reliable partner.

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Austrian Stakeholder of Nord Stream 2 Hits Back at US Pressure on EU Gas Market

Earlier in January, European companies participating in the venture aimed at building a new route for Russian gas to bypass Ukraine, reportedly received threatening letters from US Ambassador to Germany Richard Grenell. He warned the firms about the sanctions risk their involvement in the project incurs.

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