Europe | Egypt Oil & Gas - Part 12

Europe, Russia Will Inevitably Discuss Turkish Pipeline: Gasprom

Europe will soon be forced to speak with Russia not only on the Turkish Stream issue, but also in regard to increased volume of gas deliveries, Gazprom Deputy Chairman Alexander Medvedev said Tuesday. “We believ...

Respol Joins European Call for Climate Change Agreement

Repsol SA joined its European peers in calling for governments to agree on carbon pricing at a United Nations climate summit later this year, expanding the group of energy companies seeking a voice at the meeting. Rep...

Cyprus’ Offshore Fields Now Commercially Exploitable

Cyprus announced on Sunday that offshore reserves in its Aphrodite gas field have been pronounced commercially exploitable, the first such development in four years of energy exploration. US firm Noble Energy (NYSE: N...

Downturn in North Sea Oil and Gas Will Put Scotland Behind UK

Growth in Scotland will lag further behind the UK in coming years as the downturn in the North Sea oil and gas industry takes a heavy toll on the country, economists have predicted. The Ernst & Young Scottish ITEM...

Gazprom Declines Amid Asian Expansion, European Slump

Gazprom posted a third straight weekly decline as concern mounted that earnings will be crimped as the Russian natural gas producer spends to expand in Asia while gains in Europe, its biggest market, continue to slump...

Oil Industry Divided Over Paris Climate Talks

One scene stands out more than any other from the Opec International Energy Seminar last week, which attracted the cream of the global oil industry’s executive leadership. When the audience of well over 300 delegates,...

Turkey Considers Becoming a Partner in Russian Pipeline Project

Russia’s Gazprom is likely to start the construction of a planned gas pipeline to Turkey by the end of this month, Turkish Energy Minister Taner Yildiz said, adding that Ankara is considering becoming an equity ...

Shell CEO Proclaims Iran a Wonderful Country with Fantastic Resources

European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program. Leaders of Royal Dutch Shell Plc, BP Plc and To...

Azerbaijan Opening its Doors to Transiting Iranian Gas

Azerbaijan’s minister of energy says the Islamic Republic can join Trans-Anatolian Pipeline (TANAP) in order to export its natural gas to European countries. Addressing the International Caspian Oil and Gas conf...

Introduction of Fracking in Spain Causes Concern

Thousands of people in Spain have organised to protest the introduction of “fracking” – a controversial technique that involves pumping water, chemicals and sand at high pressure into shale rock to release gas and oil...

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