newszine

Gazprom Neft produces its two-millionth ton of oil in Kurdistan, Iraq

5 days ago DieselGasoil Comments Off on Gazprom Neft produces its two-millionth ton of oil in Kurdistan, Iraq
5/16/2019 Sarqala field in the Kurdistan Region of Iraq. Photo: Gazprom Neft. MOSCOW — Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its two-millionth ton of oil since starting commercial production at its Sarqala field in the Kurdsitan Region of Iraq. Sarqala field in the Kurdsitan Region of Iraq First oil was obtained Read More

Hungary to turn to Russian gas supplies if Exxon refuses to invest in Black Sea mega-project

5 days ago DieselGasoil Comments Off on Hungary to turn to Russian gas supplies if Exxon refuses to invest in Black Sea mega-project
Budapest will resume massive purchases of Russian natural gas if US oil giant Exxon Mobil doesn’t invest in a vast Black Sea offshore project, according to Hungarian Foreign Minister Peter Szijjarto. The top official warned that Hungary may sign another deal with Russia if Exxon fails to resolve the issue by September. “Exxon Mobil can Read More

‘As if Germany is a US colony’: Bundestag energy chief lashes out at Russia sanctions

5 days ago DieselGasoil Comments Off on ‘As if Germany is a US colony’: Bundestag energy chief lashes out at Russia sanctions
Only the US – not Germany or the EU – is interested in economic sanctions against Russia, the head of the Bundestag’s economy and energy committee has said. German MPs are looking at ways to lift the restrictions, he added. Bundestag energy and economy chief Klaus Ernst of Die Linke party accused the US of Read More

Vienna has no intention of ditching Nord Stream 2 despite US pressure – Austrian president

6 days ago DieselGasoil Comments Off on Vienna has no intention of ditching Nord Stream 2 despite US pressure – Austrian president
Austrian President Alexander Van der Bellen says Vienna has no plans to withdraw from the Russian-led Nord Stream 2 gas pipeline project as the country’s energy giant, OMV, has made huge investments in the enterprise. “Austria is not going to leave the Nord Stream 2 project, and Austrian oil and gas corporation OMV especially,” Van Read More

Washington threatens European firms with sanctions over Russian gas pipeline project

1 week ago DieselGasoil Comments Off on Washington threatens European firms with sanctions over Russian gas pipeline project
Sanctioning European investors that have already provided most of the agreed funds aimed at building the Russian-led gas pipeline to Europe is totally useless, according to the operator of the Nord Stream 2 project. The comment comes amid the latest attempt by US senators Ted Cruz and Jeanne Shaheen to slap companies involved in the Read More

US must prevent construction of Nord Stream 2 pipeline to counter Russia – Pompeo

2 weeks ago DieselGasoil Comments Off on US must prevent construction of Nord Stream 2 pipeline to counter Russia – Pompeo
US Secretary of State Mike Pompeo has yet again lashed out at the Nord Stream 2 gas pipeline project, claiming that Moscow wants it as “leverage” over Europe, and vowed to continue efforts to disrupt it. Pompeo, well known for his vocal criticism of the pipeline project, touched upon the topic while giving a speech Read More

Court battle looms over controversial Nord Stream 2 pipeline

2 weeks ago DieselGasoil Comments Off on Court battle looms over controversial Nord Stream 2 pipeline
By Ewa Krukowska on 5/8/2019 BRUSSELS (Bloomberg) — The fate of the controversial Nord Stream 2 pipeline carrying Russian natural gas to Germany is likely to be decided in a courtroom. The project will next week seek assurances from the European Union that it won’t become subject to the bloc’s revised gas market requirements, which Read More

Ukraine sues Gazprom over ‘anticompetitive practices’ to retain earnings from transit of Russian gas

2 weeks ago DieselGasoil Comments Off on Ukraine sues Gazprom over ‘anticompetitive practices’ to retain earnings from transit of Russian gas
Ukrainian national oil and gas firm Naftogaz said it filed a complaint to the European Commission accusing Russian energy giant Gazprom of anticompetitive practices in relation to the Nord Stream 2 pipeline which bypasses Ukraine. Via the complaint, the Ukrainian state-run company proposes “a series of remedies that would mitigate Gazprom’s anticompetitive behavior,” the statement Read More

US ambassador unleashes new sanctions threats against Nord Stream 2 participants

3 weeks ago DieselGasoil Comments Off on US ambassador unleashes new sanctions threats against Nord Stream 2 participants
Russian gas transported via the Nord Stream 2 pipeline may result in sanctions for European contributors, a US ambassador has warned as he targeted the project once again. Europe, however, is standing firm against US demands. “From American point of view, the pipeline is not just transporting gas, but has an increased sanctions risk,” US Read More