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The Daily NewsBrief

The Daily NewsBrief

Oil and gas – downstream activities

Venezuela and Mexico Assist Cuban in Fighting Oil Fire

August 8, 2022

Mexican and Venezuelan reinforcements have joined Cuban firemen in the fight against the blaze at the Matanzas supertanker port and storage facility that threatened to cut off electricity to the … Read more

Media Topic: Tags Disaster, accident and emergency incident Fire Oil and gas - downstream activities Oil and gas industry

Russia to Slash Nordstream Flow

July 25, 2022

Kremlin-controlled energy company Gazprom announced that it will take another turbine offline on the Nord Stream 1 gas pipeline for maintenance work.  The move that will result drastically reduce flow … Read more

Media Topic: Tags Energy and resource Energy industry Energy market Oil and gas - downstream activities War

UK Announces £2m Funding for Yemen’s Floating Oil Threat

July 18, 2022

The government of Britain on Monday pledged £2 million ($2.4m) new funding to help prevent a major oil spill off the coast of Yemen. UK Minister for the Middle East … Read more

Media Topic: Tags Armed conflict Foreign aid Oil and gas - downstream activities Waterway and maritime transport

Valve Failure Causes 23,000 Gallon Gas Spilled on Colonial Pipeline

July 13, 2022

The Colonial Pipeline was shut down on July 4, 2022 after approximately 24,000 gallons (or 591 barrels) of gasoline spilled in Loudon, Tennessee. The spill, was discovered after authorities at … Read more

Media Topic: Tags Environmental cleanup Oil and gas - downstream activities

Russia Temporarily Suspends Gas Deliveries Through a Major Pipeline

July 11, 2022

Nord Stream AG has confirmed a scheduled maintenance work on its pipeline, which transports gas from Russia to Germany via the Baltic Sea. The maintenance work on Nord Stream 1 … Read more

Media Topic: Tags Oil and gas - downstream activities Oil and gas industry

European Union Agrees to Mandatory Gas Storage Amid Russia Fuel Shutoff

June 28, 2022

The 27-nation European Union (EU) came to an agreement on Monday that all-natural gas storage should be filled to at least 80% capacity for the upcoming winter in preparation for … Read more

Media Topic: Tags Natural gas Oil and gas - downstream activities Oil and gas industry Political development Political leadership War

Sri Lanka PM Declares Economic Collapse

June 22, 2022

Sri Lanka’s Ranil Wickremesinghe announced that their economy has collapsed and that they are unable to purchase fuel.  “We are now facing a far more serious situation beyond the mere … Read more

Media Topic: Tags Economics Economy Oil and gas - downstream activities

Germany to Restart Coal Power Plants to Counter Russian Natural Gas Manipulation

June 20, 2022

Germany’s economy minister says the country will restrict the use of natural gas for electricity production and use coal-fired power plants in response to a supply reduction in Russian gas. … Read more

Media Topic: Tags Coal Energy and resource Oil and gas - downstream activities Oil and gas industry Security measures (defense) War

Prices Fall As Saudi Arabia Hints To Pump More Oil

June 2, 2022

Oil prices fell on Thursday after speculation that Saudi Arabia is considering pumping more oil to address market demands. “Brent crude is down by 2.43% at $113.46 per barrel while … Read more

Media Topic: Tags Military occupation Natural gas Oil and gas - downstream activities Oil and gas industry Political development Prices

Iran and Kazakhstan Agree on Energy Cooperation

June 2, 2022

Iran and Kazakhstan on Thursday called for increased cooperation in areas of energy and other bilateral issues. Iranian Minister of Petroleum, Javad Owji and Kazakhstan’s Minister of Energy Bulat Aqchulaqov … Read more

Media Topic: Tags Natural gas Oil and gas - downstream activities Oil and gas - upstream activities Oil and gas industry Trade policy
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