Tag Archives: EU

In investments. €8.3bn on new asset financing was made in the first half of the year: €5.4bn in onshore and €2.9bn in offshore.

The oil and gas industry is one of those which is very international and needs international talent both from Europe and beyond.

Some in Europe have attempted to delay the pipeline in fear of geopolitical turmoil.

The EU is concerned that US sanctions will hurt investments in an oil pipeline connecting Russia to Germany.

The European Commission requested the mandate to hold talks with Russia on Nord Stream 2 gas pipeline from the European Union member-states on June 9.

Germany is leading a group of countries whose companies are taking part in building the 55bn cubic metre a year (cm y) route.

Crimea is subject to EU sanctions on energy equipment after Russia annexed the Black Sea peninsula in 2014.

Russia intends to localize the production of blade rows for gas turbines amid the row over the alleged delivery of Siemens-made turbines to Crimea in violation of Western sanctions.

Algeria'.s gas exports have increased to nearly 90 billion m3 year. of which 50 billion are carried via three pipelines to Europe.

Iran'.s crude oil and condensate exports to Europe has reached one million barrels per day.