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
Category: Geopolitics
‘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
Geopolitics of Energy: Egypt to Buy $15 Billion Worth of Israeli Gas
Investors in Israel’s natural gas industry gave a green light to a deal to supply an Egyptian company with gas worth $15 billion. The move
Market Update: Saudis Remain Committed to Oil Output Cut Deal
Saudi Arabia is committed to sticking with the petroleum output freeze for the remainder of this year even if it means to “overbalance the market
Market Update: China Inks a Long-Term Deal to Import American LNG
China has entered its first long-term deal to import US liquefied natural gas, following a move by the White House to open the rapidly growing
Building Pipeline Controversies: EIB Earmarks €1.5bn for Southern Gas Corridor
The European Investment Bank (EIB) is going to invest €1.5bn in a natural gas pipeline connecting Italy, Greece, and Albania despite the fact that the
Turkey Stops Cypriot Drill Ship in East Mediterranean
Cyprus yesterday (11 February) accused Turkey’s military of obstructing the vessel “Saipem 12000” contracted by Italian oil firm Eni from getting closer to an area
Geopolitics of Oil: Keeping the Secrecy of an Iran-Israel Pipeline
An Iran-Israel oil pipeline company established decades ago and a new Israeli firm that is about to replace it will be able to continue to
Geopolitics of Oil: China Turns Off Its Oil Taps to North Koreaa
China did not export any oil products to North Korea last month, thus going above and beyond the sanctions that were imposed earlier this year
Iraq’s Looking Abroad to Revamp Its Oil Industry
Iraq is looking for international companies to demonstrate their interest in building a new export pipeline from the Kirkuk oilfields in the north of the