EU | Egypt Oil & Gas - Part 8

Russia’s Gas Export to EU Countries Increased 8% in 2015

Russia's state-run gas producer, Gazprom, announced that its natural gas exports to Europe had risen by almost 8% to 159.4bcm in 2015, despite EU sanctions imposed on Moscow in retaliation for Russia's annexation of ...

Turkmenistan Commissions East-West Gas Pipeline

Turkmenistan has commissioned its East-West gas pipeline worth $2.5b with a capacity of 30bcm/year connecting abundant gas fields in the Caspian Sea with an aim to improve the country's gas export efficiency.

Egypt Opens MENA’s Largest Wind Farm

Egypt announced on November 30th the opening of the region’s largest wind farm in the Gabal al-Zeit area near the Red Sea. The wind farm is estimated to bring between 150 and 200 megawatts to the Egyptian electricity ...

Russia Halts Gas Supplies to Ukraine

Disputes between Moscow and Kiev reemerged last week amid Gazprom's disruption of gas supplies to Ukraine, Kiev's ban on Russian planes flyovers, and a recent explosion of power lines on Russian-annexed Crimea.

World Powers to Aid in Iran’s Arak Reactor Redesign

A document released by Iran's state news agency IRNA proves that United States, Britain, France, China, Russia plus Germany are all helping Iran redesign its Arak heavy water reactor so that it cannot produce weapons ...

EU Gas Imports from Russia Rise Even as Demand for the Fuel Falls

Europe is increasing imports of Russian gas even as demand on the continent is falling, reported Reuters.

EU Court Accepts Iran Gas Companies Appeal over Sanctions List

The European Union has removed two Iranian oil companies from its sanctions list, the first such action since Iran reached a nuclear agreement with world powers earlier this month

US EIA States that Turkey is Well Placed to be an Energy Hub

Turkey is well placed and an increasingly significant hub for oil and natural gas transits from the Middle East, Central Asia and Russia to Europe and the Atlantic, the U.S. Energy Information Administration (EIA) sa ...

Iran Nuke Deal Reached, Governments and Corporations Measure Ramifications

Iran and six world powers reached an agreement on Tuesday to lift sanctions against the Islamic Republic, and while U.S. and Iranian leaders have heralded the deal as a victory, the real winners could be corporations ...

In a Move Away from Russia, EU to Start Importing Gas from Turkmenistan

The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview.

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