Denmark is under pressure to decide whether a new Russian pipeline supplying gas to Germany can be constructed near its Baltic coast. Copenhagen does not
Category: Energy
Market Update: Azerbaijan in Talks to Join OPEC, Following Energy-Rich Sub-African Countries
Azerbaijan is in talks to join the Organization of Petroleum Exporting Countries (OPEC) as the cartel is looking to bolster its position against the backdrop
Saudis Scale Back on Public Listing of Giant Aramco
Saudi Arabia is taming its ambitions for a public offering for its oil company Aramco. The country has decided to move ahead with a listing
Market Update: Iran Doubles Gas Production at the World’s Largest Field
Iran has almost doubled its gas output at South Pars, the world’s largest gas field, in 2017. Gas production at South Pars went up from
Mexico’s Front-Runner Presidential Candidate Seeks the Closure of Oil Sector
Andres Manuel López Obrador, the front-runner in the upcoming Mexican presidential election, is seeking to revamp the country’s newly opened energy sector. He has rattled
Europe’s Oil Exploration: Energy Business to Break Even at $60 per Barrel
Europe is typically not seen as the first place that comes to mind when thinking about oil production, yet the old continent is promoting the
Energy Geopolitics: Iran’s Global Oil Comeback Not Happening
Analysts were expecting Iran’s oil-and-gas industry to take off following the relaxation around the nuclear deal. Instead, the anticipated boom is nowhere to be seen.
Exxon Forced to Halt Exploration in Russia’s Siberia Due to Sanctions
US sanctions against Russia prevented Exxon Mobil Corp from proceeding with its ambitious projects to explore the north of Siberia for oil. The American oil
Gazprom Cut Off Gas Deals with Ukraine, Europe-Bound Shipments Still Secure
Ukraine has not been supplied any Russian gas for more than two years but was about to receive new shipments this month. When Russian energy
‘Crimea’s Effect’: Naftogaz to Pay Gazprom $2.56 Billion in Court Settlement
Ukrainian state-run energy company Naftogaz said that Russia’s giant Gazprom would have to pay it $2.56 billion after a Swedish court ruled in Naftogaz’s favor