Vietnam has cancelled a major oil project in the South China Sea for the second time in a year, in the wake of Chinese pressure, the BBC has learned. State-owned PetroVietnam ordered Spanish energy firm Repsol to suspend a project off the south-east coast, a well-placed industry source said. Source: BBC
The Russian Akademik Cherskiy vessel has arrived at the construction site to lay pipes for the Nord Stream 2 gas pipeline project, Nord Stream 2 AG, project operator company, told reporters. Source Tass
The US State Department called for companies to cease activity on the controversial pipeline or face sanctions. The US has slammed the project as a Russian plan to “divide Europe and weaken European energy security.” Source Deutsche Welle
A second Russian pipelaying vessel is set to join the operation to lay the almost-complete Nord Stream 2 gas pipeline from Russia to Germany in Danish waters, the pipeline development company said March 4. Source S & P Global