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Oil Pipeline
Russia Accelerates Nord Stream 2 Project to Beat U.S. Sanctions
Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project designed to feed more natural gas …
Oil Pipeline
Nord Stream 2 to Start Laying Gas Pipes in Danish Waters
The Russia-led Nord Stream 2 consortium is expected to start laying gas pipes in Danish waters after construction was suspended for a year owing to the threat o…
Oil&Gas Drilling
EU to Approve Sanctions Over Turkish Gas Drilling
Shying away from a threat made in October to consider wider economic measures, EU leaders will agree to punish individuals accused of planning or taking part in…
Coal Trade
US Blacklists Coal Shippers for North Korea Ties
The US Office of Foreign Assets Control designated six companies and four vessels for violating existing UN sanctions by engaging in the prohibited North Korean…
Crude Oil
US Imposes New Sanctions on Iran’s Ministry of Petroleum
The United States has expanded sanctions against Iran, targeting the country's ministry of petroleum along with 10 other entities
LNG
Germany Offered to Build LNG Terminals to Avert US Pipeline Sanctions
Berlin offered to spend 1 billion euros to build two liquid natural gas terminals in a bid to dissuade the United States from imposing sanctions over the Nord S…
Oil & Gas Trade
US Sanctions Chinese, UAE Firms Skirting Iran Oil Embargo
The United States on Thursday imposed sanctions against 11 Iranian, Chinese and United Arab Emirates companies accused of helping to bypass the American embargo…
Oil & Gas Trade
US Eyes October Deadline to End Exemptions on Venezuela Oil Sanctions
The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the S…
Oil & Gas Trade
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
Oil & Gas Trade
US Court Orders Seizure of Iranian Gasoline Cargoes
A US federal court today authorized the seizure of 1.16mn bl of Iranian gasoline aboard four tankers, which are allegedly transporting it to Venezuela.
Oil & Gas Trade
US Sanctions Four Shipping Firms for Transporting Venezuelan oil
The US Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in Washington's effort t…
Nuclear Policy
EU and Others 'Regret' US Decision on Iran Sanctions
The European Union plus France, Germany and the UK have said they "deeply regret" the USA's decision to end three sanction waivers covering Joint Comprehensive …
Nuclear Policy
EU Slams US Decision to End Waivers for JCPOA Nuclear Projects in Iran
The European Union deeply regrets the decision of the US Administration to end the three sanctions waivers covering important Iran nuclear deal projects, includ…
Iran Strongly Deplores US New Sanctions
The Iranian foreign ministry on Saturday strongly condemned the US administration decision to end sanctions waivers covering important Iran nuclear deal project…
Oil & Gas Trade
Venezuela Oil Exports Climb As OPEC Agreement Kicks In
While OPEC begins to scale back oil production to offset at least partially some of the world’s excess oil supply, Venezuela was busy ramping up its oil expo…
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