Authorities in Pakistan’s south western Balochistan province have resorted Iran-Pakistan freight train service after completing repair works. state media reported.
Read More »Glimmer of Hope for BiFab as High-Level Talks Announced
Trade unions fighting to save Fife’s mothballed BiFab yards have announced plans for high-level talks with energy giant EDF Renewables.
Read More »Middle East Oil Shipping Rates Surge as US-Iran Tensions Grow
Rates for transporting 2 million barrel cargoes from Saudi Arabia to China has jumped to almost $26.000 a day.
Read More »Key Exxon Shareholder Starts Divesting Over Climate Change
One of Exxon Mobil Corp.‘s largest shareholders. Legal &. General Group Plc. has divested 19 of its funds from the company and will ask its clients if it can withdraw more money. saying the oil and gas producer isn’t adequately addressing climate change.
Read More »EU Prepares to Impose Sanctions on Turkey over Gas Drilling
The European Council expresses serious concerns over Turkey'.s current illegal drilling activities in the Eastern Mediterranean.
Read More »EU Investigates Lithuania’s Support for State-Owned Energy Firm Lietuvos
It will examine if it was neccessary for the Lithuanian Power Plant to provide strategic reserve services in exchange for payments between 2013 to 2018.
Read More »Despite Tensions. Turkey will Send Second Drilling Ship off Cyprus
The crisis in the eastern Mediterranean also affected the EU enlargement plans.
Read More »Tension in the Middle East and the Risk of Oil Supply Outages
The market is downbeat. but an even deeper slide is possible.
Read More »Damaged Oil Tankers Leave Iranian Waters
The two oil tankers which were attacked in the Sea of Oman on Thursday have left Iranian waters. adding that their crew members too will leave Iran last night..
Read More »The US will Maintain Oil Production despite Low Energy Prices
U.S. production numbers are going to continue for quite some time.
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