Eighteen Nordic companies pressed EU energy ministers yesterday in a letter in an attempt to get the politicians to back 35% renewable energy target by 2030.
Read More »Bulgaria Missed Its Chance to have a Gas Pipeline from Russia
The South Stream project was cancelled by Bulgaria following pressure from the European Union and the United States.
Read More »Total to Expand East Med Oil. Gas Exploration
U.S. energy giant ExxonMobil - with Qatar Petroleum - is scheduled to conduct drilling off Cyprus in the second half of 2018.
Read More »Washington Threatens Sanctions for Nord Stream 2
Europe has been very active in showing its support for gas transit revenue dependent Ukraine.
Read More »Russia will ‘Fight’ for German Pipeline Project despite U.S. Opposition
The pipeline is expected to transport upwards of 55 billion cubic meters of gas annually from Russia to Germany beginning in 2019.
Read More »The Iran Deal Dying. Made Europe and Iran Closer Than Ever
French energy giant Total this week announced it will pull out of a major gas project in Iran by this fall unless U.S. sanctions are waived.
Read More »EU Commissioner in Iran in Bid to Save Trade Ties
Iran. which has the world’s fourth-biggest oil reserves. produces about 3.8 million barrels of oil per day.
Read More »Iran`s Oil Export Drop not Expected if EU Saves Nuclear Deal
U.S. President decision to quit a multinational nuclear deal would not affect Tehran’s oil exports if the EU could salvage the pact.
Read More »Putin Seeks Common Cause with Merkel over Trump
The volume of transit would have to be ".commercially viable". for Ukraine.
Read More »Saudi Arabia. UAE. Russia to Discuss Oil Supplies Following US Withdrawal from JCPOA
St. Petersburg International Economic Forum will be held on May 24-26. 2018.
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