Saxo Bank: Crazy week in oil and gas
The Bloomberg Commodity Index, which tracks a basket of major commodities within the three major sectors of energy, metals and…
Bulgaria may launch a tender for the 10 bln. euro Belene nuclear plant
Bulgaria may launch a tender to choose a strategic investor for its Belene nuclear power project by the end of…
Nordstream 2 gas pipeline important for Europe: German Energy minister
The Nordstream 2 pipeline is important to secure energy supplies and Russia is a safe and reliable provider of gas…
Russian oil firm seeks payments in euros amid US sanction threat
Surgutneftegaz, representing 11% of oil production in Russia, is pushing buyers to agree to pay for oil in euros instead…
The world relies on Russia to build its nuclear power plants
In march 2011 a tsunami engulfed the Fukushima power plant in Japan, ultimately causing a meltdown. The worst nuclear disaster…
Gazprom wooes Iran for more oilfields
National Iranian Oil Company (NIOC) has discussed the Russian Gazprom’s offer to develop Iran’s North Pars Gas Field as well…
EU and Ukraine in tug of war over Naftogaz unbundling
The European Commission has repeated its insistence on breaking up the Ukrainian national gas and oil monopoly Naftogaz, separating transmission…
Russia, ready to invest $50bn in Iran’s energy industry
Iran has touted $50bn worth of potential Russian investments in its oil and gas sector as it seeks to deepen…
Saudi Arabia plans to pump up to 11 million bpd of oil in July, a record high (Reuters)
Saudi Arabia plans to pump up to 11 million barrels of oil per day (bpd) in July, the highest in…
Romania faces Russian aggression on a daily basis and is fending off a wave of cyber-attacks
Romania faces Russian aggression on a daily basis in the Black Sea and is fending off a wave of cyber-attacks…
UAE energy minister says OPEC is not targeting a certain oil price
OPEC producers are not targeting a certain oil price, United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on…