European Union | Egypt Oil & Gas - Part 2
EU’s Rejection to Nord Stream Grows
The center-right European Peoples' Party (EPP), the largest group in the European Parliament, has taken a strong position against Russia's Nord Stream-2 project.
Azeri Gas Expected to Reach EU by 2020
The EU has a clear interest to work with Azerbaijan on energy, regional security, the rule of law, and fundamental freedoms, EU High Representative for Foreign Affairs and Security Policy, Federica Mogherini, said.
Tunisia Receives $16.3m in EU Funding for Renewables
The European Union will provide $16.3m in funding for renewable energies and energy efficiency initiatives in Tunisia as part of a $54.3m funding package to support development of the private sector and professional ...
Sanctions Will Cause Russian Oil Production to Drop in 2016: Fitch
Oil production in Russia will decrease in 2016 due to the economic sanctions imposed by the European Union and the United States, Fitch Ratings said in its forecast Tuesday.
Gas Shortage Could Be Next Woe in Greek Crisis
The Greek government’s hunger for cash has stripped the state-run gas company of most of its reserves, raising doubts about how long the country can pay for imports.
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 ...
EU Looks to Mediterranean to Diversify Gas Supply
The European Commission is preparing a ‘diplomatic energy action plan’ to diversify the EU’s natural gas supply sources, with plans for tapping Algeria’s huge unexploited reserves, and a comprehensive LNG strategy du ...
EU Hopes to Reduce Energy Dependence on Russia with US Help
The European Union is increasing pressure on Washington to include an energy chapter in a planned trans-Atlantic trade deal that would allow U.S. exports of natural gas and oil and reduce the bloc’s dependency on Russia.
