Druzhba pipeline leak reduces Russian oil flow to Germany

Poland discovered a leak late Tuesday Poland says the leak is likely accidental rather than sabotage Germany says its supplies of crude oil are sufficient Schwedt refinery serving Berlin has few alternatives WARSAW (Reuters) – Germany said on Wednesday it was receiving less oil but still had enough supplies after Poland found a leak in … Read more

Gas crisis plunges LNG shipping market into the hands of energy giants

LONDON/SINGAPORE (Reuters) – The skyrocketing price of liquefied natural gas (LNG) shipping has alienated dozens of small traders, concentrating business in the hands of a handful of major global energy companies and major global trading houses. This grip is not expected to ease until 2026 when more LNG begins to emerge and lower prices, raising … Read more