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Gazprom Open for Dialogue With Turkey on Turkish Stream Gas Pipeline Project

Gazprom Open for Dialogue With Turkey on Turkish Stream Gas Pipeline Project

Russia’s top gas producer Gazprom is ready for a dialogue on a potential resumption of the Turkish Stream gas pipeline project, the company’s official representative Sergey Kupriyanov told TASS Monday. "Gazprom is and has always been open for a dialogue on the Turkish Stream," he said when commenting reports on potential rebuilding of relations with Turkey

IENE’s «9th SE Europe Energy Dialogue» to Focus on the Quest for a New Energy Balance

IENE’s «9th SE Europe Energy Dialogue» to Focus on the Quest for a New Energy Balance

The "Quest for a New Energy Balance” is thespecial theme for this year’s SE EuropeEnergy Dialogue, which is convened by the Institute of Energy for SE Europe (IENE) and will be held in Thessalonikion June 29-30. The 9th SEEED will among other topics seek to explore the rebalancing now taking place in the global and regional energy markets and how it affects SE Europe

Putin, Juncker Discuss EU-Russia Energy Ties But Avoid Sanctions

Putin, Juncker Discuss EU-Russia Energy Ties But Avoid Sanctions

Russian President Vladimir Putin and European Commission President Jean-Claude Juncker have reportedly discussed the future of Russia-EU energy cooperation but did not address the issue of sanctions. The meeting took place on the margins of the St. Petersburg International Economic Forum (SPIEF) on June 16

Novatek Plans to Prepare Arctic LNG Feasibility Study by 2018 — CEO

Novatek Plans to Prepare Arctic LNG Feasibility Study by 2018 — CEO

Novatek plans to prepare the Arctic LNG plant feasibility study at 2017 year-end, Chief Executive Officer of the Russian gas producer Leonid Mikhelson said on Friday in an interview at the St. Petersburg International Economic Forum (SPIEF)

Greek Poseidon, US Noble to Cooperate in East-Med

Greek Poseidon, US Noble to Cooperate in East-Med

Greek energy company IGI Poseidon signed a cooperation agreement with U.S. Energy Company Noble for feasibility work and viability assessment for a pipeline in the east Mediterranean, the company announced late on Thursday

Putin, Netanyahu Talk Economic Ties, Energy

Putin, Netanyahu Talk Economic Ties, Energy

Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu, during the latter’s visit to Moscow on June 7, discussed current issues of bilateral cooperation, including the further strengthening of trade and economic cooperation, especially energy ties

IEA Sees Major Shifts in Global Gas Trade Over Next Five Years

IEA Sees Major Shifts in Global Gas Trade Over Next Five Years

The next five years will bring a reshaping of the global gas trade, theInternational Energy Agency (IEA) said Wednesday in its 2016Medium-Term Gas Market Report. New liquefied natural gas (LNG) supplies are coming online just as demand growth in some major markets weakens, resulting in major shifts in global gas trade patterns. A weak outlook for Japan and Korea – the world’s top two LNG buyers - means that new supplies will need to find other markets. China, India and ASEAN countries will emerge as key buyers

OPEC Not Unified on Oil Supplies, Prices

OPEC Not Unified on Oil Supplies, Prices

Members of the Organization of Petroleum Countries (OPEC) at a meeting in Vienna on June 2 failed to show a unified stance to take measures that would influence crude supplies and prices. They noted, however, they were satisfied that prices had recovered after they bottomed out earlier this year

Gazprom Raises Gas Export to UK by 91.5% in January-May

Gazprom Raises Gas Export to UK by 91.5% in January-May

Russia's gas giant Gazprom raised natural gas export to the United Kingdom by 91.5% to 3.85 billion cubic meters in the first five months of the year, Gazprom CEO Alexei Miller told reporters on Wednesday

EU Parliament Starts Debating More Carbon-Market Cuts

EU Parliament Starts Debating More Carbon-Market Cuts

Legislative work on the post-2020 overhaul of Europe’s carbon emissions market has been launched by a proposal in a draft report tabled in the European Parliament by MEP Ian Duncan. The law, which proposes to adjust the Emissions Trading System (ETS) to EU climate goals for 2030, needs majority backing in the parliament and weighted majority support from national governments to take effect

Oil Futures Trade Flat as Market Awaits OPEC Decision

Oil Futures Trade Flat as Market Awaits OPEC Decision

Oil prices held broadly steady on Thursday, set for their third week of gains, ahead of an OPEC meeting that analysts said was not expected to result in restrictions on crude output