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US lawmakers fear the pipeline. which is 80 percent finished. would bring Russia billions of dollars and increase Russian influence in Europe.
Read More »Nord Stream 2 Gas Pipeline to Complete despite US Sanctions
Nord Stream 2 Operator Works on Different Deadlines for Project Launch
The Nord Stream 2 gas pipeline is scheduled to be put into operation in late 2019.
Read More »Russian Gas More Profitable Than US LNG
Russian gas is cheaper and better in terms of quality.
Read More »Gazprom Builds Small-Sized Thermal Power Plant in Romania
The size of the plant is at least three times the size of similar plants operated by OMV Petrom in Romania.
Read More »UAE to Invest $5b in Oil Refinery Project in Pakistan
The United Arab Emirates (UAE) will invest $5 billion in an oil refinery project in Pakistan by the end of the year.
Read More »Nord Stream 2 Consortium Insists Project will be Completed on Schedule despite Danish Delay
French energy giant Engie. Shell of the Netherlands. and two German companies. Uniper and Wintershall Dea. are all financing partners of the 9.5 billion euros project.
Read More »Adnoc Buys Stake in Global Oil Storage Operator
In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.
Read More »Libya’s El Sharara Oilfield Shut Down since Friday
The field was pumping around 290.000 bpd prior to the shutdown.
Read More »ADNOC Plans to Launch Own Regional Oil Benchmark
ADNOC is weighing the possibility of dropping restrictions on destinations for all its crude oil.
Read More »Slight Changes to Nord Stream 2 Timings Possible
Nord Stream 2 has come under fire from the United States and several eastern European.
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