BP unveils major Gulf of Mexico expansion
Consumption
BP has given the go-ahead for its major Thunder Horse South Expansion project in the Gulf of Mexico, boosting output
Archive for May 2019
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Russia ready to restore oil exports
Industry
Russia says it is nearly ready to restore supplies of uncontaminated oil to Europe through both north and south branches
France and Ireland agree 700MW interconnector
Transmission
The French and Irish energy regulators have given the go-ahead for financing a bilateral 700-megawatt power link that is due
Turkey is shifting gears on gas
Opinion
Russian missiles and U.S. fighter jets have dominated the news in Turkey in recent weeks as Ankara is set to
Italy and Tunisia agree 600MW interconnector deal
Transmission
Italy and Tunisia have agreed to push ahead with the 600-megawatt Elmed Mediterranean power interconnector linking their power grids. The
Trump hammers oil price with China tariff threat
Industry
Oil prices tumbled today (Monday) after Donald Trump said he would increase tariffs on Chinese goods this week, risking trade
Zarif accuses US of ‘economic terrorism’
Policy
As the Iranian economy suffers under the impact of Donald Trump’s sanctions, Tehran’s foreign minister, Mohammad Javad Zarif, said the
Libyan crisis continues to disrupt oil exports
Consumption
There appears to be no end in sight to the Libyan crisis with rival forces still battling over Tripoli and
Erdogan hopes to extend TurkStream through Bosnia
Policy
Turkey and Bosnia have signed a revised free-trade agreement, a deal on the Sarajevo-Belgrade Highway Project and made plans to
Clean Druzhba oil arriving: Belarus
Transmission
The Belarusian state-run oil firm Belneftekhim says “clean” Russian oil imports have begun to arrive through the Soviet-era Druzhba pipeline
Russia grapples with month’s worth of toxic oil
Transmission
The Russian oil sector faces the challenge of quickly cleaning at least US$2.7 billion worth of contaminated oil from its
Qatar criticises US over Iranian sanctions
Industry
Qatar has criticised Donald Trump’s decision to block all exports of Iranian oil, saying the sanctions mainly hurt the countries
Putin demands better pipeline regulation
Consumption
Russian President Vladimir Putin said the contamination of its oil pipeline, which caused Belarus, Poland, Germany and Slovakia to stop
Nord Stream 2 prepares legal case against Denmark
Policy
The consortium behind Russia’s Nord Stream 2 gas pipeline to Germany is appealing against the Danish Energy Agency’s (DEA) request