Europe | Egypt Oil & Gas - Part 10

Oil Hits New Low as Greece Fails to Reach Euro Deal

Oil dropped to a three-week low amid concern Greece’s failure to reach a deal with international creditors will prompt its exit from the euro area.

Russia Demands Beginning of Talks on Ukraine Gas Transit

Russian President Vladimir Putin has demanded the beginning of talks over the continuation of gas transit via Ukraine after 2019, Gazprom CEO Alexey Miller has said.

Netherlands Ordered to Cut Greenhouse Gas Emissions by Court

A Dutch court has ordered the government to cut greenhouse gas emissions by at least 25% by 2020, in a case environmentalists hope will set a precedent for other countries.

Russia Looks to Southern Europe to Bypass Ukraine with Pipelines

The Ukrainian war and a push by Russia to find an alternate path to get its natural gas to Europe are redrawing the energy map of Europe, and may end up pulling the “powder keg of Europe,” the Balkans, into a vast co ...

Hope Ends for Future of Shale Gas in Poland

Hopes kindled just four years ago that Poland would become a gas exporter — a “second Norway,” in the words of then-foreign minster Radek Sikorski — have been doused by the decision of U.S. energy giant ConocoPhilips ...

Oil Execs Prepare for Russia’s Investment Show Amid Tension from the West

Some of the world's most powerful oil executives will attend Russia's top investment show next week, once again helping the organizers shrug off a meager turnout from other leading Western industrialists and bankers.

Austria Seeks Russian Gas with New Pipeline Idea

Austria's state oil and gas oil and gas company OMV wants to build a pipeline to bring Russian natural gas to Europe which would bypass Ukraine, local media reported Saturday.

Despite EU Sanctions, European Companies Still Seeking Deals with Russia

Europe’s biggest oil groups are extending business deals with their Russian energy partners despite this month’s EU vote to continue imposing sanctions, highlighting how western companies are learning to live with th ...

Shell Looks to Leave Ukraine Amid Continued Violence

Royal Dutch Shell has been considering ending its partnership with a Ukrainian energy company in a shale gas exploration venture in eastern Ukraine because of the fighting in the region and prospect of little profit ...

Rebound in North Sea Oil Fuels UK GDP Growth

A rebound in North Sea oil production in the three months to May helped the UK double its growth rate to 0.6% from the first quarter of the year, handing the Treasury a much-needed boost.

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