Tag Archives: Europe

Europe is duty-bound to purchase Iranian crude to keep the nuclear deal alive. reminding that the European'.s offered INSTEX mechanism requires financing that should happen through crude revenues.

Shell’s Brent Bravo platform has been removed from the North Sea by Allseas’ heavy lift and pipelay vessel Pioneering Spirit.

One of the UK’s richest men is looking to expand his North Sea oil and gas portfolio after his exploration and production (E&.P) business returned to profitability in 2018.

It will support the development and commercialisation of its Deep Green technology.

It also plans to invest more than €100m in renewable energy and storage projects by 2025.

Iranian Energy Minister Reza Ardakanian said that Tehran and Moocow reached very good and effective agreements during intensive talks between the two countries'. ministers and traders in the past 3 days.

A senior Iranian petroleum ministry official announced on Tuesday that based on a new Memorandum of Understanding (MoU) between Tehran and Moscow. the two countries can use each others'. oil and gas industry equipment.

The Europeans are not cooperating to buy oil.

A joint venture created to recover stranded gas reserves through gas-to-wire (GTW) technology has teamed up with Petrofac.

The first meeting of the energy working group was in Tehran. Iran. and the second one was in Saint Petersburg. Russia.