Iranian President Hassan Rouhani said that his country would maintain its firm stance against US threats to undermine Iranian oil sales, and warned that the
Category: Geopolitics
Market Update: Tehran Signals Compromise with OPEC’s Output Increase Plan
Iran hinted that it would agree to a compromise on a small boost in OPEC production during the cartel’s meeting last Friday. Saudi Arabia has
Market Update: OPEC’s Oil Output Freeze Deal Compliance High
OPEC oil production dropped to 13-month low due to falling Venezuelan output, Nigerian outages and strong compliance with the output freeze deal. The cartel is
Sangachal Gas Terminal Launched: Azerbaijan Redesigning Europe’s Energy Map
Azerbaijan yesterday (29 May) opened a terminal that is supposed to be the stepping-stone for the works on the first pipeline to transport gas from
French Total to Invest in Russia’s Arctic LNG Despite Sanctions
French energy giant Total is going to acquire a 10 percent stake in a Russian Arctic gas project. The deal was finalized during French President
No Fines for Russian Giant: EU Soothes Business Ties with Gazprom
Russian gas company Gazprom finalized a deal with the European Union antitrust authorities to revamp its pricing structure and thus allow competitors to enter the
US Venezuela Sanctions to Affect Global Oil Prices More Than Iran Deal Withdrawal
New US sanctions on Venezuela’s crude output are expected to have a more negative impact on the country’s production and global supply than sanctions on
The Energy of Geopolitics: Iran Hopeful About Oil Exports Post US Nuclear Deal Withdrawal
Iran Oil Minister Bijan Zanganeh said that his country did not expect a drop in its oil exports if the European Union manages to salvage
Energy Geopolitics: Poland Launches Legal Battle Against Gazprom
Poland has launched a legal battle against Russian energy giant Gazprom with the possible fines up to 10% of the company’s annual turnover. The Polish
London Rehearsing for Post-EU Future: Securing Korean Buyers for UK Oil
Britain and South Korea are discussing the protection of tax exceptions for Korean customers of North Sea oil after the UK leaves the European Union.