newszine

Russia, Saudi Arabia in talks on new oil, gas, petchems, nuclear cooperation

21 hours ago DieselGasoil Comments Off on Russia, Saudi Arabia in talks on new oil, gas, petchems, nuclear cooperation
Moscow — Russian and Saudi Arabian companies are considering expanding existing energy cooperation to include new joint oil and gas, petchems and nuclear projects, Russian news agency RIA Novosti reported Monday, citing a protocol signed at the end of the last meeting of the intergovernmental commission in mid-June. Not registered? Receive daily email alerts, subscriber Read More

Sea section of Russia’s Nord Stream 2 natural gas pipeline is 60% complete

22 hours ago DieselGasoil Comments Off on Sea section of Russia’s Nord Stream 2 natural gas pipeline is 60% complete
Russia has finished laying nearly two thirds of the Nord Stream 2 natural gas pipeline along the bottom of the Baltic Sea, the deputy chairman of Gazprom’s management committee has announced. “The completion of the sea part is around 60 percent,” Oleg Aksyutin told the Rossiya 24 channel. The undersea pipeline, Read More

Europe should brace for U.S. tariffs on several fronts: German official

6 days ago DieselGasoil Comments Off on Europe should brace for U.S. tariffs on several fronts: German official
WASHINGTON (Reuters) – European Union member states should brace for U.S. tariffs on several fronts in the months ahead, a senior German official warned late on Tuesday, just hours before Washington launched a probe of a planned French digital tax that could trigger future tariffs. German Federal Minister of Economic Affairs and Energy Peter Altmeier Read More

Aggressive U.S. energy policy tests ties with European allies

6 days ago DieselGasoil Comments Off on Aggressive U.S. energy policy tests ties with European allies
WASHINGTON/BRUSSELS (Reuters) – For the administration of President Donald Trump, a policy of “energy dominance” means reducing dependence on imported oil and promoting exports to boost the national economy and Washington’s political influence overseas. FILE PHOTO: U.S. President Donald Trump talks with Energy Secretary Rick Perry after delivering remarks during an “Unleashing American Energy” event Read More

Russian refinery news roundup: Refineries largely back from maintenance works

7 days ago DieselGasoil Comments Off on Russian refinery news roundup: Refineries largely back from maintenance works
London — Russian refineries have mostly returned from maintenance works. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Separately, Russia’s Komsomolsk refinery was connected via an offshoot to the ESPO pipeline on July 6-7 in order to start receiving crude shipments, a spokesman for Transneft said. The pipeline fill-in Read More

Refinery news roundup: Some maintenance in Europe draws to a close

1 week ago DieselGasoil Comments Off on Refinery news roundup: Some maintenance in Europe draws to a close
London — Some of the maintenance works in Europe have been drawing to a close. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Meanwhile, French oil major Total has started up production at its La Mede biodiesel (gasoil) plant in southern France, with the first batches of biofuel coming Read More

PetroChina worth less than its energy reserves in the ground

1 week ago DieselGasoil Comments Off on PetroChina worth less than its energy reserves in the ground
By Dan Murtaugh and Aibing Guo on 7/9/2019 SINGAPORE and HONG KONG (Bloomberg) — PetroChina looks cheap on many levels, perhaps none more so than comparing it to the value of its reserves beneath the Earth’s surface. By plotting its enterprise value against reserves, China’s state-run oil and gas champion is the cheapest among global Read More

Is this the last bottleneck for Nord Stream 2?

1 week ago DieselGasoil Comments Off on Is this the last bottleneck for Nord Stream 2?
The Nord Stream 2 pipeline continues to face challenges, and after receiving permits from the Baltic States, now Denmark seems to be the last bottleneck. Large energy projects tend to be controversial due to environmental and political reasons. Nord Stream 2 (NS2) is not an exception as it is, arguably, the most contentious energy pipeline Read More

Future Moscow skyscraper to become Europe’s tallest residential complex

1 week ago DieselGasoil Comments Off on Future Moscow skyscraper to become Europe’s tallest residential complex
The 405-meter ‘One Tower’ is set to be become the tallest residential building in Europe, the deputy mayor of Moscow announced as he presented the ambitious project at the Moscow Urban Forum. The skyscraper will also be the tallest in the Moscow City International Business Center, topping the city’s current tallest building, Federation Tower, by Read More

‘Point of no return’: Nord Stream 2 takes alternative route amid Danish stalling

3 weeks ago DieselGasoil Comments Off on ‘Point of no return’: Nord Stream 2 takes alternative route amid Danish stalling
The pipeline that would double the flow of natural gas from Russia to Germany will bypass Danish territory after authorities in Copenhagen dithered for 2 years without responding to permit request, the building consortium said. Nord Stream 2 AG, the company building the pipeline under the Baltic Sea, said on Friday it would withdraw the Read More