Tag Archives: European Union (EU)

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.

It will examine if it was neccessary for the Lithuanian Power Plant to provide strategic reserve services in exchange for payments between 2013 to 2018.

The crisis in the eastern Mediterranean also affected the EU enlargement plans.

The Italian Government intends to introduce a new aid initiative that supports electricity production from sources such as solar and onshore wind.

OPEC+ account for nearly 49 million of the 84 million bpd of global crude.

UN Chief urged Friday an independent probe to investigate recent attacks on two oil tankers in the Gulf of Oman.

Oil demand is shriveling as the trade war between the U.S. and China trips up the global economy.

European customers will receive their gas in line with their contractual terms in 2020.

Ambassadors of the UK. Germany and France in a statement stressed delivering the first transaction of the Instrument in Support of Trade Exchanges (INSTEX).

Tumbling natural gas prices have set the power generation industries in the U.S. and Europe off to a greener start this year.