Tag Archives: European Union (EU)

Šefčovič’s statement from Brussels reiterated the need for continued. long-term transit of Russian gas through Ukraine to the EU that would be both reliable and commercially viable.

OMV is an international. integrated oil and gas company. headquartered in Vienna.

Nicolás Maduro must address discontent and economic hardship in Venezuela.

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.

The South Stream project was cancelled by Bulgaria following pressure from the European Union and the United States.

U.S. energy giant ExxonMobil - with Qatar Petroleum - is scheduled to conduct drilling off Cyprus in the second half of 2018.

Europe has been very active in showing its support for gas transit revenue dependent Ukraine.

The pipeline is expected to transport upwards of 55 billion cubic meters of gas annually from Russia to Germany beginning in 2019.

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.

Iran. which has the world’s fourth-biggest oil reserves. produces about 3.8 million barrels of oil per day.