Tag Archives: International Organizations

Russia and its state firm Gazprom cover one-third of Europe’s gas needs.

OPEC oil basket’s price stood at $44.23 per barrel on June 27. or $1.09 more than on June 26.

Lithuania aims to receive its cargo of US LNG at its terminal in Klaipeda port in the second half of August.

Eni and GE will work jointly to evaluate the feasibility of building a 50MW wind power plant and also in exploring further initiatives in Kazakhstan.

Brazil becoming a relevant exporter is complicating OPEC’s efforts to control prices through supply cuts.

The dispute escalated when Kurdistan’s deliveries to the US were blocked and Iraqi government threatened to take action against companies transporting the Region’s crude.

The gas pipeline will stretch over a distance of about 1.100 km and will pump a total of 31.5 billion cubic meters of natural gas annually.

Japan has cut back on LNG imports two years in a row.

Iran needs foreign investment for repairs and upgrading of its oil and gas fields.

The slide in oil prices continues as markets remain sceptical of OPEC´s ability to balance supplies.