Tag Archives: European Union (EU)

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.

After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.

The United Kingdom has Made major progress in reducing emissions. according to the IEA’s latest country review.

UK High Court this month will take up a case brought by Iran’s Bank Mellat against the British government over a 2010 freeze of assets. for which the lender is demanding $1.6 billion in compensation.

Even as oil demand is beginning to weaken this year due to a brewing economic slowdown. the oil industry faces a longer-term threat to oil demand as bans on plastic begin to multiply.

The Russian and Chinese leaders have stressed the importance of the JCPOA.

EU transport officials say they will work with other regulators on approving new software for the Boeing 737 Max.