Eurozone economy set to slow further in 2020
The eurozone economy will slow down in 2020 for the third consecutive year, according to a Financial Times poll of economists, who forecast it will be held back by political Continue Reading
Putin Makes A Move In Libya’s Oil Crescent
Whenever a major oil-producing region is engulfed in prolonged warfare, speculation starts to abound regarding all the potential changes to its oil and gas policy and the companies willing to Continue Reading
Russia can finish Nord Stream 2 within couple of months: Ifax cites Novak
Russia can finish the construction of the Nord Stream 2 gas pipeline to Germany within a couple of months, Interfax cited Russian Energy Minister Alexander Novak as saying. President Vladimir Continue Reading
NATO Faces a Fresh Quandary as Turkey Tips Toward Russia
President Trump and Turkish President Recep Tayyip Erdogan left the stage after a group photo taken at the NATO summit in the U.K. this month. Photo: peter nicholls/Reuters The declaration Continue Reading
Gazprom’s Latest Plan To Avoid U.S. Sanctions
Trump’s signing the 2020 NDAA into law on Friday, and with it, sanctions targeting European and Russian companies laying the Nord Stream 2 pipeline, had the immediate impact of forcing Continue Reading
Sweden launches inquiry on how to ban sales of new gasoline and diesel cars and phase-out fossil fuels
The Government of Sweden has launched a study to offer proposals on how to implement a ban on sales of new gasoline and diesel cars, and the timeline for the Continue Reading
Nord Stream 2 Sanctions Are A Win-Win For Putin
The construction of Nord Stream 2 (NS2) has been a rollercoaster of a project with many ups and downs for both its proponents and opponents. On Friday, Trump approved sanctions Continue Reading
French strike sees refinery units halted, tug assistance affected
Staff at Petroineos’ Lavera refinery in France started halting units this weekend due to a strike, according toCGT sources and local media reports. The company declined to comment. There have Continue Reading
Ørsted and partners secure funding for H2RES project; offshore wind power to produce renewable hydrogen for road transport
Ørsted (formerly DONG Energy), Everfuel Europe A/S, NEL Hydrogen A/S, GreenHydrogen AS, DSV Panalpina A/S, Hydrogen Denmark and Energinet Elsystemansvar A/S have been awarded funding of DKK 34.6 million (US$5 Continue Reading
Russia Strengthens Its Grip On Syrian Oil
Following the various recent announcements from U.S. President Donald Trump that he wants the country to withdraw from all areas of potential conflict in the Middle East – except Saudi Continue Reading