Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.
TotalEnergies SE began restarting the small crude distillation unit (CDU) at its 225,500 barrel-per-day (bpd) Port Arthur, Texas, refinery on Wednesday, sources familiar with plant operations said.
European shares fell more than 1% on Thursday, as countries ramped up restrictions to curb the spread of the Omicron coronavirus variant, raising worries about hits to a nascent economic recovery.
Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration license in the Mediterranean to Exxon Mobile and Qatar Petroleum [RIC:RIC:QATPE.UL], adding it will not allow unauthorised exploration in its jurisdiction.
U.S. liquefied natural gas (LNG) company Venture Global LNG said on Thursday that it will invest more than $10 billion to develop a fourth LNG export facility in Louisiana.