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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

Bulgarian PM Discussing Gas Link, Border Protection with Greek Foreign Minister

Bulgarian PM Discussing Gas Link, Border Protection with Greek Foreign Minister

Diversification of sources and routes of natural gas supply is among the top priorities of Bulgaria’s government, Prime Minister Boyko Borisov has said at a meeting with Greek Foreign Minister Nikos Kotzias.Therefore, the construction of gas interconnectors with neighbouring countries and Greece in particular is of key importance for Bulgaria,Borisov has said, referring to the pipeline that would link the gas transmission systems of the two southeast European neighbours

Black Sea Seismic Program Under Way Offshore Romania

Black Sea Seismic Program Under Way Offshore Romania

Carlyle Group’s Black Sea Oil & Gas SRL has awarded GC Rieber Shipping a 45-day contract for seismic work offshore Romania in the Black Sea. Wholly owned subsidiary Dolphin Geophysical Ltd. will deliver fast-track 3D seismic with its 16-streamer Polar Marquis

IEA Report Recommends Belgium to Reconsider Nuclear Phase-Out

IEA Report Recommends Belgium to Reconsider Nuclear Phase-Out

Belgium should adopt a national long-term energy strategy without delay, the International Energy Agency (IEA) said today, stressing that such a plan was required to respond to the challenge of decarbonising the economy while ensuring security of supply and affordability of energy

Spectre of Brexit Clouds Europe’s Energy Future

Spectre of Brexit Clouds Europe’s Energy Future

With a possible Brexit looming large on the political horizon, many energy companies, whether oil, gas or power, are becoming increasingly concerned about its negative impact on the UK and broader EU

China Permits CNPC to Build Pipe for Russian Gas Along Eastern Route

China Permits CNPC to Build Pipe for Russian Gas Along Eastern Route

On May 17, China’s Ministry of Environment Protection said in a statement that it gave permission to China National Petroleum Corporation (CNPC) to build a 737-kilometre gas pipeline for Russian gas supplies along the Eastern route, Sputnik reported. The ministry will be constructed from Heihe in the northeastern Heilongjiang province to Changling in the northeastern Jilin province