Eurasian demand is impacted by efficiency gains in the gas-fired power generation fleet.
Read More »EU Prepares to Impose Sanctions on Turkey over Gas Drilling
The European Council expresses serious concerns over Turkey'.s current illegal drilling activities in the Eastern Mediterranean.
Read More »Europe Required to Buy Iran’s Crude
Europe is duty-bound to purchase Iranian crude to keep the nuclear deal alive. reminding that the European'.s offered INSTEX mechanism requires financing that should happen through crude revenues.
Read More »Uncertain OPEC Should Keep Current Cuts Flat
OPEC nations may be at odds with each other. but all they need to do is extend their current crude oil cutbacks through the end of the year to help keep the market relatively balanced. according to a new report.
Read More »Hot Spots Increase Efficiency of Solar Desalination
Researchers showed they could boost the efficiency of their nanotechnology-enabled solar membrane desalination system by more than 50% simply by adding inexpensive plastic lenses to concentrate sunlight into hot spots.
Read More »Minesto Secures €1.2m for Marine Energy Technology
It will support the development and commercialisation of its Deep Green technology.
Read More »OPEC Proposes Mid-July Meeting to Settle Dispute Over Dates
OPEC proposed mid-July meetings with its allies in Vienna to discuss extending production cuts. after talks between Russia and Iran made some progress toward resolving a standoff over the date.
Read More »EU Investigates Lithuania’s Support for State-Owned Energy Firm Lietuvos
It will examine if it was neccessary for the Lithuanian Power Plant to provide strategic reserve services in exchange for payments between 2013 to 2018.
Read More »Iran’s Energy Minister Praises Tehran-Moscow Deal
Iranian Energy Minister Reza Ardakanian said that Tehran and Moocow reached very good and effective agreements during intensive talks between the two countries'. ministers and traders in the past 3 days.
Read More »Crude Oil Futures Steady as more Clarity Emerges on OPEC Meet
The OPEC meeting comes at a time of heightened geopolitical tensions in the Middle East.
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