EU | Egypt Oil & Gas - Part 6

Sonatrach Foresees Rise in Algeria’s Oil Output

Algeria's oil and gas output is moving back to growth after years of stagnation, helped in part by increased production at the North African OPEC member's existing fields.

Crude Investors Flee to Safety after Brexit

The UK’s surprising vote to for Brexit has brought a new level of uncertainty into the markets as investors started to withdraw from the international oil and gas market and the oil prices started to falter. Analysts ...

Juncker, Putin Discuss Nord Stream Gas Project

President of the European Commission, Jean-Claude Juncker, meets Russian President Vladimir Putin in June, for the first time since November 2014.

Russia Mulls EU Southern Gas Routes with EC

Russian Energy Minister, Alexander Novak, has declared that Russia is ready to consider any mutually beneficial options for delivering gas to Southeastern European countries – Greece and Italy – including through Bul ...

Algeria, EU Pledge Action on Improving Investments

On the backdrop of the very first EU-Algeria Energy Business Forum, European Union officials and energy firms urged Algeria to adapt to more competitive energy markets so as to attract the investment needed to pump m ...

EU’s Rejection to Nord Stream Grows

The center-right European Peoples' Party (EPP), the largest group in the European Parliament, has taken a strong position against Russia's Nord Stream-2 project.

IEA: Iran to Add 500,000b/d of Oil from Existing Fields in 2016

Iran is expected to add 500,000b/d of oil supply within a year from its existing oilfields, but developing new fields would take time, the Head of the International Energy Agency (IEA), Fatih Birol, said.

EU Approves Trans-Adriatic Pipeline Deal

The European Union has approved a deal between Greece and the Trans-Adriatic Pipeline (TAP), which will bring gas from Azerbaijan to Europe.

Norway to Develop Arctic Gas Reserves, Seeking EU Commitment

Norway, Europe’s second biggest gas supplier after Russia, is planning to develop its northernmost reserves in the Arctic, but hinges on a commitment by the European Union to make the fuel part of its strategy to cut ...

EU Seeks Power over States’ Gas Contracts with Gazprom

The European Commission (EC) has proposed a draft bill to enable Brussels to assess and potentially vet all intergovernmental gas contract drafts that the EU countries would aim to conclude with Russia prior to the s ...

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