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One of the worlds largest liquefied natural gas exporters, Qatar, can divert only 10-15 percent of its LNG cargo contracts to other destinations, Qatari Energy Minister Saad al-Kaabi said on Tuesday amid the escalation of the Russia-Ukraine crisis, adding that replacing Russian gas deliveries to Europe in the short term is almost impossible. The energy markets reacted on Tuesday after Russian President Vladimir Putin recognized two breakaway regions in eastern Ukraine and ordered troops in them, with oil prices soaring close

The weather is expected to remain cooler than normal

Russia''s move into Ukraine has the potential to affect not just oil and natural gas but several commodities, including palladium, nickel and wheat --- most

German officials said Tuesday that they would block the Nord Stream 2 pipeline, an enormous project that would double the flow of Russian natural gas into the country. The announcement comes in response to the ongoing conflict between Russia and Ukraine. Read more

World Oil (Bloomberg) Energy prices surged after Russian President Vladimir Putin signed an order to send what he called peacekeeping forces to the two breakaway areas of Ukraine that he officially recognized on Monday. European natural gas led the The post Energy prices surge on Ukraine crisis with oil closing in on $100 appeared first on Oil & Gas 360 .

Russian lawmakers gave President Vladimir Putin permission to use military force outside the country on Tuesday, a move that could presage a broader attack on Ukraine, after several European leaders said troops had already moved into rebel-held areas. The US said an invasion was already underway there. Members of the Russian upper house, the Federation Council, voted unanimously to allow Putin to use military force outside Russia, effectively formalising a Russian military deployment to the rebel regions, where an eight-year conflict has killed nearly 14,000 people. Several European leaders said earlier in the day that Russian troops have moved into rebel-held areas in eastern Ukraine after Putin recognised their independence. But it was unclear how large the movements were. Putin had ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent on Monday. A Reuters witness saw tanks and other military hardware moving through the separatist-controlled city of Donetsk after Putin formally recognised the breakaway regions and ordered the deployment of Russian forces to "keep the peace".

Geopolitical tensions related to Russia and Ukraine continue to linger. As a result, the major U.S. equity indices slumped on Friday to end a second straight week of losses.

Geopolitical tensions related to Russia and Ukraine continue to linger. As a result, the major U.S. equity indices slumped on Friday to end a second straight week of losses.

Wall Street was downbeat last week as geopolitical tensions continue to linger along with Fed rate hike worries.

Wall Street was downbeat last week as geopolitical tensions continue to linger along with Fed rate hike worries.

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A roundup of news and commentary from NGI’s LNG Insight European natural gas prices on Tuesday tumbled to their lowest point this year after Russia

The post European Natural Gas Prices Fall Sharply as Russia Eases Standoff with Ukraine – The Offtake appeared first on Natural Gas Intelligence

Supplies declined in the latest week due to a drop in production

Europe relies on Russia''s natural gas to help heat millions of homes, generate electricity and power factories