Tag Archives: Europe

Shell is a major player in the U.S. Gulf of Mexico.

Trump pushed US LNG exports as crucial to increasing European energy security.

The project has acquired full authorization for construction and operation from Germany. Finland and Sweden.

A primary cause of the spikes has been rising production and concerns that demand will outpace supply.

Glendronach is a significant discovery for Total.

Oil prices jumped 2 per cent as US sanctions restricted Iranian crude exports.

Earlier. Putin announced Russia'.s readiness to fund Nord Stream 2 in the event of the U.S. sanctions.

OPEC and non-OPEC countries had agreed to review current oil production as a countermeasure to the lack of Iranian oil caused by the US sanctions.

Compliance with supply cuts was 109% in July.

Russia has been subject to Western sanctions since its 2014 annexation of Ukraine´s Crimea region.