UN Envoy to Libya Proposes EU Naval Blockade of Oil from the Country

• Sunday, 8th March 2015
• by Egypt Oil & Gas

The EU is discussing the possibility of setting up a naval blockade of crisis-plagued Libya. The move could help to control oil exports, stem the movement of weapons fueling the conflict, and prevent the flood of ref ...

Iran Parliamentarians to Impose Energy Sanctions on Europe

• Monday, 23rd February 2015
• by Egypt Oil & Gas

A large number of Iranian MPs are planning to prepare a bill to impose energy sanctions on the European countries, a lawmaker announced on Sunday.

Iraq Increases Basrah Crude Prices to Asia, Reduces Them for U.S. and Europe

• Monday, 12th January 2015
• by Egypt Oil & Gas

Iraq, OPEC’s second-largest producer, raised the selling price for February shipments to Asia of its main Basrah Light crude by 30 cents a barrel, after Saudi Arabia boosted its pricing to the region.

Russia says Egypt asks for help with gas supplies to Europe

• Sunday, 21st April 2013
• by Egypt Oil & Gas

Egypt, struggling to meet domestic energy demand, has asked Russia to help it fulfil its gas supply contracts with Europe, Russia's Energy Minister was quoted as saying on Saturday.

Iran Says It May Cut Off Its Oil Exports to Europe

• Friday, 27th January 2012
• by Egypt Oil & Gas

Iran struck a combative tone Thursday in its confrontation with the West over the nuclear issue, threatening to terminate oil exports to European nations even before their embargo takes effect this summer.