SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.
Read More »EU. Iran to Create Special Mechanism to Continue Trade
The United States began reimposing economic sanctions this summer.
Read More »Germany Mulls Building LNG Plant
Trump pushed US LNG exports as crucial to increasing European energy security.
Read More »Scottish tidal firm to sit down with G7 ministers
An Edinburgh-based tidal energy firm will sit down with G7 ministers today to discuss the future of the offshore renewable energy sector.
Read More »Russia Ready to Finance Nord Stream 2 in Event of US Sanctions
The project has acquired full authorization for construction and operation from Germany. Finland and Sweden.
Read More »European Markets Dip as Trade War. Brexit Pessimism Weigh
Oil prices jumped 2 per cent as US sanctions restricted Iranian crude exports.
Read More »Cyprus-Egypt Pipeline Deal could Ease LNG Gas Exports to EU
Cyprus and Egypt are planning to link Aphrodite with the Egypt liquefaction plants in Idku and Damietta.
Read More »US cannot Block Oil Export from Iran
Lack of proposal will not enable the US to null export of Iranian oil.
Read More »The U.S. Wants Russia to Control Soaring Oil Prices
The U.S.. Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy.
Read More »Iran will Stay in Nuclear Deal As Long as Possible
The Europeans and other signatories must work on compensating the US sanctions.
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