US, Russia, Saudi Arabia and Kuwait block climate study
Industry
Attempts to adopt a high-profile scientific study into the COP24 climate talks in the Polish city of Katowice have failed.
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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.
LNG still too costly: oil chiefs
Consumption
The liquefied natural gas (LNG) has massive potential but is too expensive, fuel bosses have told an industry event. There
Russia busts leaky sanctions
Industry
Despite talk of diplomatic pressure on Russia, European Union leaders continue to visit Russian President Vladimir Putin, foreign direct investment
Oil price falls as US, Russia and Saudi output soars
Production
Oil prices have fallen as record crude production by the world’s three largest producers offset supply worries about US sanctions
Poland opts for US LNG in Gazprom snub
Industry
Poland’s state-run gas utility PGNiG has signed a 20-year deal for US liquefied natural gas (LNG) imports and says it
US grants Iran waiver for North Sea deal
Industry
Serica Energy says the US has granted a conditional licence, removing restrictions on a North Sea field because of Iranian
Iran starts to dodge monitors
Policy
Brent oil is near its highest price since November 2014 as markets braced for tighter supply once US sanctions against
EU’s Iran proposal doomed: traders
Policy
Proposals by the European Union, Russia and China to avoid Donald Trump’s oil and gas sanctions on Iran by using
Iran looks to restore hidden oil trade
Industry
Iran appears keen to keep 800,000 barrels per day (bpd) of its oil exports flowing after US sanctions are in
Putin to send gas west, coal east
Consumption
Nord Stream 2, the proposed 1,230km pipeline that is due to carry natural gas from Russia to Germany’s Baltic coast,
Total officially axes Iran contract
Production
France’s energy giant Total has been forced to officially abandon its Iranian gas field deal, estimated to be worth US$4.8
US envoy tries to split EU on Iran
Policy
Britain should abandon the European Union over Iranian sanctions and back Donald Trump’s decision to breach the nuclear deal, according
Germany defies pipeline critics
Consumption
The Nord Stream 2 gas pipeline from Russia to Germany and into the European network seems to be on course
Russia braces for US sanctions
Production
Fresh US sanctions placed on Russia may put the country’s long-term crude production potential at risk as they target certain