Opec and Russia fail to set meeting to discuss output cut
Policy
Russia and Opec’s production cuts are due to expire this month with a 1.2 million barrels per day (bpd) production
Policy
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Germany backs net-zero 2050 target
Policy
Germany is backing a European Union target to cut net carbon dioxide emissions to zero by 2050 ahead of the
Macron condemns Turkey over Cyprus
Policy
French President Emmanuel Macron has called on Turkey to halt its “illegal” gas drilling in the Cypriot exclusive economic zone.
Trump threatens Nord Stream sanctions
Policy
Donald Trump is exerting more pressure on Germany to abandon the Nord Stream 2 gas pipeline from Russia, even as
Oil giants defy sanctions threat with Russia
Policy
European oil giants, including Royal Dutch Shell and OMV, have signed cooperation deals with Russian energy companies during the St
US blames allies for backing Nord Stream
Policy
The US is disappointed the Dutch authorities allowed firms, including Royal Dutch Shell, to help support the Nord Stream 2
Cyprus reports increased Turkish naval activity
Policy
Greece and Cyprus are reporting an increase in activity by Turkish ships off the Cypriot coast as Turkey said it
Iran economy slumps, despite complying with nuclear deal
Policy
Iran’s inflation is rising as oil exports and state coffers tumble but the government in Tehran remains defiant over Donald
The polarizing EU elections and the energy transition
Opinion
Citizens around the world are voting to change the way things are done. There are many causes of this upheaval
Transneft refuses to pay Druzhba compensation
Policy
Russia’s embattled oil pipeline operator Transneft and the government in Moscow are in disagreement over who should pay to clean
US promises Nord Stream 2 sanctions
Policy
Washington is preparing to impose sanctions on Gazprom’s Nord Stream 2 project as Congress is due to debate a bill
Turkey complies with US sanctions on Iran
Policy
Turkey has reportedly stopped buying Iranian oil following the US decision to end sanctions waivers, despite condemning Washington’s decision. Refinitiv
BP boss calls for energy transition
Policy
BP’s chairman Helge Lund says the world’s energy consumption is “unsustainable” and that the days of chasing after fossil fuels
Oil prices rise amid Iranian tensions
Policy
Global oil markets face more disturbances as tensions continue to rise between Iran and the US. Regional tensions, combined with
Senators target Nord Stream with legislation
Policy
Two US senators reportedly plan to introduce a bill to target the Gazprom’s Nord Stream 2 gas pipeline linking Russia