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
Category: News
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
Market Update: Morocco and UAE Companies Create a Global Fertilizer Venture
Morocco’s state-run phosphates company OCP and UAE National Oil Company (ADNOC) are going to boost their partnership by setting up a new global fertilizers joint
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
QIA and Glencore Abandon Plans to Sell 14% Stake of Rosneft to China’s CEFC
Mining company Glencore and Qatar are abandoning their plans to sell a $9 billion stake in Russian state oil company Rosneft to the Chinese company
Egypt Poised to Become Energy Hub: Billions Pledged for Its Oil & Gas Foreign Sector
Egypt is eyeing foreign investment in its oil and gas industries that could reach about $10 billion in the 2018/19 fiscal year, which would mark
Market Update: Oil Prices Overreacting to Iran’s Nuclear Developments
Oil prices extended gains – with US West Texas Intermediate crude for June delivery going up by 24 cents to reach $68.81 a barrel –
Norwegian Fertilizer Yara Customizes Nitrogen Fertilization to Protect the Environment
Based on a recent case study that was conducted in France, Norwegian multinational fertilizer company Yara International ASA said that efficiency of nitrogen crop nutrient