Europe | Egypt Oil & Gas - Part 14
Shale Gas Reserves Discovered in Sweden
Colossal reserves of shale gas have been discovered in Sweden, according to a survey published in The American Association of Petroleum Geologists Bulletin. According to a team of researchers, the gas field located in...
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...
Fuel Oil Supplies Soar in Southeast Asia as Russian Fuel is Diverted from Europe
Fuel oil stocks stored in the oil hub of Singapore are the highest in nearly two years as soaring Russian supplies are diverted from Europe, threatening to pressure Asian prices of the product that have rallied 10 per...
Unplaced Nigerian Crude Expected to Flow to Europe
A glut of unplaced Nigerian crude is expected to flow to Europe hoping to find end user demand after weak buying from Asia for Nigerian and West African light sweet crudes over the past month has left a large overhang...
US State of Maine Looks to Export LNG to Europe
An energy company is looking to export natural gas to Europe from Downeast Maine, changing the scope of a project that has been in the works for over a decade. The proposal to build a liquefied natural gas import faci...
IGU Urges Europe to Diversify Their Gas Supply
Abu Dhabi: International Gas Union (IGU) has said that they are advising European Union to diversify its sources of gas supply to secure its energy demand as tensions with Russia, which is one of the main suppliers of...
Europe Losing LNG Imports Due to Increased Egypt Demand
Europe is likely to attract fewer liquefied natural gas (LNG) shipments than previously expected this summer as Egypt gears up to become the region’s top-paying importer, traders said, potentially increasing gas...
UN Envoy to Libya Proposes EU Naval Blockade of Oil from the Country
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 refu...
