The decision by oil producing countries to extend production cuts agreement by nine months gives the market much needed visibility.
Read More »EU Hopes to Negotiate with Russia over Nord Stream 2
Russian state gas exporter Gazprom is keen for Nord Stream 2 to be built by 2019.
Read More »EUROPORT 2017 – Rotterdam Ahoy
EUROPORT 2017- Rotterdam Ahoy
Read More »Asian Energy Firms Sink as OPEC Output Deal Disappoints
The final decision sent both main oil contracts plunging Thursday. which in turn dragged energy firms lower.
Read More »Iran. Russia Agree on ‘Oil-for-Goods’ Deal
Iran is now waiting for Russian oil companies to send their oil.
Read More »Naftogaz will Reduce Gas Imports by 15-20% in June
Ukraine saw a 32.7% decrease in gas imports in 2016 from 2015. to 11.078 bcm.
Read More »Algeria Suggest Creation of Committee to Monitor Market
Several countries. notably Russia and Saudi Arabia. saw the Algerian proposal as a good suggestion and found it interesting.
Read More »OPEC Extends Oil Output Cut by Nine Months
OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018.
Read More »Iran Could Be Important Contributor to European Gas Supply Diversification Efforts
Iran has 33.5 trillion cubic meters of proven gas reserves - the second largest in the world after Russia.
Read More »GE Wins 1500 MW Wind Deal in Spain
GE Renewable Energy has been chosen to supply the turbines from its 3 MW product range to generate a total of 1500 MW.
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