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Daily (22.01.2021): Carbon prices rose by nearly 4% on Thursday, supported by investor’s interest and cold weather outlooks

Oil prices closed rather flat on Thursday. The United States’ return to the Paris climate agreement and the discontinuation of the Keystone XL pipeline project put pressure on oil prices. On the other hand, prices received support from the US fiscal stimulus package. Consequently, Brent oil settled on par with Wednesday’s close at $56.10 a barrel, while WTI crude edged 0.3% lower at $53.13 a barrel.

read more... 22/01/2021

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Western Companies Abandon Russia-Led Nord Stream 2 Project

The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are said to have abandoned links to the project for fear of sanctions.

read more... 21/01/2021

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Nord Stream 2 postpones resumption of pipeline construction

The Russia-led Nord Stream 2 consortium will not yet resume the work to complete the subsea gas pipeline to Germany on Friday, daily Handelsblatt reported, citing a spokesman.

read more... 15/01/2021

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DNV GL Exits Nord Stream 2 as New Sanctions Loom

DNV GL is withdrawing from the Nord Stream 2 gas pipeline in response to a possible widening of US sanctions against companies conducting pipeline testing, inspection, or certification services for the project to bring more Russian gas to Europe.

read more... 12/01/2021

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Serbia to pay less for Russian gas

Serbia will pay less for Russian gas delivered through the extension of the 31.5bn m³/yr Turkish Stream pipeline than for gas shipped through Ukraine.

read more... 06/01/2021

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