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The European Union had earlier vowed resist US sanctions on Tehran.
Read More »German Telecom Firm Curb Iran Projects amid US Sanctions
Greek Oil Tankers may be Affected by US Sanctions on Iran Oil
The Iranian Oil Ministry called the US efforts to cut Iran oil exports a futile attempt.
Read More »EU Invests €100m in Bonds to Support German-Norway Power Interconnector
Once completed. Nordlink will have a total capacity of 1.4GW.
Read More »Nord Stream 2 Receives all Permits in Russia
The Nord Stream-2 project is an expansion of the existing Nord Stream main gas pipeline linking Russia and Germany.
Read More »Egypt Signs New Agreements with European Oil Companies
The oil sector will continue to sign more agreements to attract foreign investment.
Read More »Russia will Increase Oil Production to New Record Highs in 2019
OPEC expects that average oil production in Russia will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019.
Read More »Merkel and Putin to Hold Meeting on Baltic Sea Gas Pipeline
At last month’s NATO summit in Brussels. President Trump caused a stir by claiming Germany was a ``captive of Russia.``
Read More »Nord Stream 2 Will Bypass Danish Waters
US President Donald Trump last month accused Germany of being a ``captive`` of Russia.
Read More »Russia may Abondon Dollar in Oil Trade
The dollar. which is considered to be the international currency. becomes a risky tool for payments.
Read More »Turkish Households Consumed Cheapest Natural Gas in Europe in 2017
While EU has taken major steps to liberalize its energy market since the 1990s. Turkey has also initiated the liberalization of its energy sector.
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