While EU has taken major steps to liberalize its energy market since the 1990s. Turkey has also initiated the liberalization of its energy sector.
Read More »There is no way for U.S. LNG to Compete with Russian Gas
Gas pipelines connecting Russian supply to Europe make further inroads.
Read More »Iran is Waiting for EU Practical Steps
US President Donald Trump has mounted pressure on Iran.
Read More »Oil Price Rise on Iran Sanctions but Set for Weekly Decline
In the latest round of levies. China said it would impose additional tariffs of 25 percent on $16 billion worth of U.S. imports.
Read More »Europe is Serious about buying US LNG
Europe received about 10% of total US exports last year.
Read More »Russia. EU both Satisfied with WTO Ruling on Third Energy Package Dispute
Gazprom said it hoped the European Commission would now act to eliminate the violations of free trade rules confirmed by the WTO.
Read More »US Sanctions against Iran will Pressure Global Oil Supply
In the short term. supply is not seriously impacted. given that Saudi Arabia. Russia ramped up their oil production.
Read More »EU Imports of US LNG Rise
The EU and US work to facilitate trade in liquefied natural gas (LNG).
Read More »US to Impose Sanctions on Russia for Alleged Use of Nerve Gas Agent on Former Spy
Russia has repeatedly denied claims that the nerve agent. Novichok. used to poison the pair was developed in the country or the Soviet Union.
Read More »Turkey Continues Trading with Iran despite US Sanctions
In May. Trump announced that his country would unilaterally withdraw from the JCPOA deal.
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