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
Fertilizer Industry News: Emmerson, Phospholutions and Verdesian Life Sciences
EMMERSON, a British company whose primary focus is on developing the Khemisset Potash project located in Northern Morocco, intends to start the construction of an
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
More Renewables in the European Union? – Yes, We Can
The European Union has adopted new renewable energy targets for 2030. Against all odds, in less than 16 months, the representatives of the 28 European
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
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