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The Latest Breaking News from Nord Stream

Nasdaq, S&P 500 Reverse Earlier Gains As European Energy Crisis Looms Large

Fresh worries over the Nord Stream pipeline surfaced during the early portion of the U.S. session. As a result, stocks gave back early morning gains.

Benzinga

Russia halts gas supplies to Germany

Moscow (AFP) - Russia has halted gas deliveries to Germany via a key pipeline for an indefinite period, after saying Friday it had found problems in a key piece of equipment, a development that will worsen Europe's energy crisis.

AFP

Russia scraps gas pipeline reopening, stoking European fuel fears

Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance.

Reuters

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Nord Stream 1: Gazprom announces indefinite shutdown of pipeline

Russian energy company had been due to resume gas delivery to Germany on Saturday morning

The Guardian - UK

Russia delays reopening of Nord Stream in blow to gas-starved Europe

Russia has scrapped a Saturday deadline to resume gas flows via the Nord Stream 1 pipeline, one of the main supply routes to Europe, after saying it discovered a fault during maintenance, deepening Europe's difficulties in securing fuel for winter.

Reuters

New Russia Gas Halt Tightens Energy Screws on Europe

Russia halted gas supplies via a major pipeline to Europe on Wednesday, intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some of the region's richest countries. The outage for maintenance on Nord Stream 1 means that no gas will flow…

Asharq Al-Awsat

Nord Stream 1: Russia switches off gas pipeline citing maintenance

Shutdown at short notice by state-owned Gazprom disrupts European efforts to stockpile for winter

The Guardian - UK

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Russia 'burning off £8.4m of gas that was destined for Europe every day' in single Nord Stream 1 pipeline facility

Researchers have noted significant increases in heat from a processing plant near the Finnish border, prompting fears that this could exacerbate Arctic ice melting

Wales Online

Europe’s natural gas market tests record highs as supply worries mount

As Russia prepares to cut supplies via the Nord Stream pipeline, there are also outages on Norway and the US

Evening Standard

Could Nord Stream Pipeline Maintenance Benefit US Stocks? Analysts Thinks So — And One Sees 26% Upside Potential On This Energy Stock

The cost of wholesale European gas has increased by 572% this year to 276.23 euros per megawatt-hour, or approximately $274.70. Analysts predict that price increases will continue as winter approaches, fueling inflationary fears as Europe battles to cope with Russia's interruption of natural gas supplies.

Benzinga

Russia gas cuts stoke Asia’s energy security fears

Analysts say disruptions to Nord Stream 1 pipeline could accelerate move away from liquified natural gas in the region.

Al Jazeera

Russia slashes gas deliveries to European customers to 20 percent of normal levels

Russian energy company Gazprom on Wednesday cut gas deliveries to Europe via the Nord Stream pipeline to about 20 percent of capacity, according to German authorities. Italian distributors of Russian gas have suffered similar delivery cuts.

Radio France Internationale

What is Nord Stream 1 and why is it crucial to Europe?

Gas flows via the pipeline are being halted in what EU officials say is a ‘politically motivated’ move by Moscow.

Al Jazeera

Kremlin to keep up its gas squeeze on Europe, insiders say

The Kremlin is likely to keep vital gas flows to Europe at minimal levels as long as the standoff over Ukraine continues, ratcheting up the pressure on the European Union over its tough stance on Russia’s invasion, according to people familiar with the leadership’s thinking.

Tribune News Service

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AFP

Russia resumes 'unstable' gas supplies to Europe via Nord Stream

Berlin (AFP) - Russia on Thursday restored critical gas supplies to Europe through Germany via the Nord Stream pipeline after 10 days of maintenance, but suspicion lingered that the Kremlin would trigger an energy crisis on the continent this winter.

Reuters

Russia pumps Nord Stream gas to Europe again - but it's not enough

Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, allaying some of Europe's immediate supply fears but not enough to end the threat of rationing to cope with potential winter shortages.

Asharq Al-Awsat

Russian Nord Stream Gas Pipeline Restarted after Maintenance

The Nord Stream gas pipeline linking Russia to Germany restarted on Thursday after 10 days of maintenance work, its operator told AFP. "It's working," a Nord Stream spokesman said, without specifying the amount of gas being delivered. The German government had feared the pipeline would not be reopened by Moscow…

The Guardian - UK

How reliant is Germany – and the rest of Europe – on Russian gas?

As Russia reopens Nord Stream pipeline at lower capacity, pressure remains to reduce consumption and dependency on Russia

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AFP

Russia resumes critical gas supplies to Europe via Nord Stream

Berlin (AFP) - Russia on Thursday restored critical gas supplies to Europe through Germany via the Nord Stream pipeline after 10 days of maintenance, but uncertainty lingered whether the Kremlin would still trigger an energy crisis on the continent this winter.

Al Jazeera

Europe awaits Nord Stream 1 restart as supply uncertainty swirls

Russia’s President Vladimir Putin said as long as maintenance parts are returned, gas will be able to flow.

Reuters

Exclusive: Russia likely to restart gas exports from Nord Stream 1 on schedule - Russian sources

Russian gas flows via the Nord Stream 1 pipeline are likely to restart on time on Thursday after the completion of scheduled maintenance but at lower than its full capacity, two Russian sources familiar with the export plans told Reuters.

Reuters

Canada sends repaired Nord Stream turbine to Germany - Kommersant

Canada sent a turbine for the Nord Stream gas pipeline to Germany by plane on July 17 after repair work had been completed, Kommersant newspaper reported on Monday, citing people familiar with the situation.

Investors Business Daily

Casino Stocks, Oil Prices Tumble On China Lockdowns, Natural Gas Rallies

Casino stocks plummeted and U.S. oil futures dropped Monday after Macau imposed Covid-19 restrictions, shutting down the world's largest gambling hub.

Asharq Al-Awsat

Europe Frets over Reduced Russia Gas Supplies

Russian gaz giant Gazprom begins 10 days of routine maintenance on its Nord Stream 1 pipeline on Monday -- with Germany and other European countries watching anxiously to see if the gas comes back on. The annual work on the two pipelines was scheduled long in advance. The fear is…

AFP

Europe frets over reduced Russia gas supplies

Berlin (AFP) - Russian energy giant Gazprom began 10 days of maintenance on its Nord Stream 1 pipeline on Monday -- with Germany and other European countries watching anxiously to see if the gas comes back on.

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