Iran’s budget counts on raking in around $30 billion from oil and gas condensate exports.
Read More »EU. Japan and US to Cooperate on Hydrogen and Fuel Cells
They believe the technologies could bring significant benefits to the energy sector. the economy and the environment.
Read More »Nord Stream 2 is Ready for almost 60%
Earlier it was reported that the U.S. Administration plans to impose sanctions against Nord Stream 2 project.
Read More »EU Prepares to Impose Sanctions on Turkey over Gas Drilling
The European Council expresses serious concerns over Turkey'.s current illegal drilling activities in the Eastern Mediterranean.
Read More »Europe Required to Buy Iran’s Crude
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.
Read More »EU Investigates Lithuania’s Support for State-Owned Energy Firm Lietuvos
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.
Read More »Despite Tensions. Turkey will Send Second Drilling Ship off Cyprus
The crisis in the eastern Mediterranean also affected the EU enlargement plans.
Read More »EU Approves Italy’s €5.4bn Support for Renewable Energy Scheme
The Italian Government intends to introduce a new aid initiative that supports electricity production from sources such as solar and onshore wind.
Read More »Rystad Energy Previews OPEC Meeting
OPEC+ account for nearly 49 million of the 84 million bpd of global crude.
Read More »UN Chief Urges Investigation into Gulf of Oman Attacks
UN Chief urged Friday an independent probe to investigate recent attacks on two oil tankers in the Gulf of Oman.
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