Cyprus blocking EU’s Crimea sanctions over Turkey gas dispute: sources
Production
Cyprus is allegedly blocking EU sanctions against several Russian figures in Crimea in an apparent attempt to push for tougher
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US calls IAEA meeting on Iran
Policy
The UN’s Vienna-based nuclear watchdog says it will meet next week to discuss Iran’s nuclear programme at the request of
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
Gazprom: China pipeline to be ready three months early
Production
Russia’s de-facto gas export monopoly Gazprom says it will start filling the Power of Siberia pipeline to China from September
Gazprom prepared for Nord Stream sanctions: sources
Industry
The US is reported to be preparing to boost sanctions on any firm involved with the Nord Stream 2 gas
Venezuela, oil and the Monroe doctrine
Opinion
In early 1959, oil prices were low and falling. British Petroleum had cut prices. The United States had instituted import
US threatens Nord Stream sanctions
Industry
The Donald Trump-appointed US ambassador in Germany has purportedly warned firms involved in constructing the Nord Stream 2 natural gas
India deal hands Iran lifeline
Policy
India has reportedly handed Iran a tax break worth hundreds of millions of dollars, effectively giving the all-clear to a
US to scrap sanctions on Russian firms
Policy
The US Treasury says it will scrap sanctions on Russian oligarch Oleg Deripaska’s (pictured) energy enterprises after he said he
Oil prices rebound after further slump
Production
Oil prices rebounded today (Wednesday) as benchmark Brent crude futures rose to US$56.49 per barrel after dropping 5.6 per cent
Oil price volatility remains as Opec output cut looms
Production
Oil prices have risen today (Thursday), buoyed by a drawdown in US crude stockpiles and indications that China is beginning
Opec to address oil price slump
Production
The price of oil fell below US$60 a barrel amid fears of global oversupply. Brent crude, the benchmark, was trading 5
Expect volatile oil prices: IEA chief
Industry
Oil prices are entering an “unprecedented period of uncertainty”, warned the boss of the International Energy Agency (IEA) as Brent
EU struggles to bypass Iran sanctions
Policy
European Union hopes of setting up a bartering system with Iran to dodge US sanctions appear to have run aground.