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Turkey claims that parts of some blocks Cyprus has designated for drilling fall inside its own continental shelf.

A massive earthquake and tsunami in March 2011 destroyed three reactors at the plant.

Europe crucially needs new gas pipelines from Russia.

Gazprom dropped to 17th after a year on top of the S&.P Global Platts table.

The last time Iran was the subject of sanctions. Japan curbed its imports of Iranian crude.

The current market conditions are not favorable for the US.

Demand for Russian gas supplies is increasing in China.

In the near-term. the US seems to be counting on Saudi Arabia and Russia. along with American shale drillers. to offset the losses from Iran.

Exxon. Chevron and Occidental are now the first U.S. energy companies to join the Oil and Gas Climate Initiative.

The Europeans and other signatories must work on compensating the US sanctions.