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World’s most controversial gas pipeline nears ‘endgame’

Bloomberg Construction of the world’s most controversial natural gas pipeline is about to enter the endgame of an energy dispute that’s pitted the US against Russia and some of its closest trans-Atlantic allies, satellite images show. The Nord Stream 2 pipeline, built to increase the flow of Russian gas into Europe’s biggest economy, was thwarted five months ago after US ...

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Quantum eyes $5.5b for new fund amid energy-market rout

Bloomberg Quantum Energy Partners is in discussions to raise roughly $5.5 billion for a new fund designed to pounce on opportunities that arise amid turmoil in energy markets, according to people with knowledge of the matter. The Houston-based private equity firm, which sold a minority stake to Neuberger Berman’s Dyal Capital Partners, has begun discussing the new fund with prospective ...

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ENN Energy aims for sub-zero gas prices

Bloomberg One of China’s biggest natural gas distributors flagged the possibility of sub-zero market prices at its shareholder meeting, a scenario that would echo oil’s record plunge last month that stunned global markets. Gas prices could turn negative due to a lack of storage capacity, Wang Yusuo, the billionaire chairman of ENN Energy Holdings Ltd, said. He didn’t specify any ...

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