EU | Egypt Oil & Gas - Part 8

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. Solutions for the controversial Nord Stream pipeline project, which ...

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 Bulg...

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 mo...

EU’s Rejection to Nord Stream Grows

The Energy Union, launched by the European Commission with the intention to secure energy for consumers at affordable prices, competitive market opportunities for suppliers and strengthened solidarity and trust betwee...

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, told Reuters. Iran...

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, reported Reuters. The 870km pipeline, which will link Azerbaijan’s gia...

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 si...

EU Expects Nuclear Sanctions on Iran Lifted Soon

The EU expects sanctions on the Islamic Republic to be lifted shortly as Iran’s efforts to implement the July 2015 nuclear deal are proceeding in line with the terms of the agreement and according to the schedul...

Algeria, EU Prioritize Renewable Energy and Energy Efficiency

Algerian-EU energy cooperation scheme envisions new plans for development and investment in energy efficiency and renewable energy, according to experts from the European think tank Bruegel, All Africa reports. “...

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