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US waives sanctions against Nord Stream 2 developers
The US has waived sanctions against Russian natural gas giant Gazprom for its ownership of the nearly completed Nord Stream 2 gas pipeline to Germany, and against its CEO, according to a State Department report to the Congress on May 19.
read more... 20/05/2021
Daily (20.04.2021): Supply concerns due to high Asian LNG prices and bullish oil lifted British gas prices on Monday
Crude oil markets moved sideways on Monday, but a weaker U.S. Dollar offered some bullish support. However, the gains were capped by the resurgence of the pandemic in India and negotiations likely to lead to a relaxation of economic sanctions against Iran. Hence, Brent crude rose by 0.4% to settle at $67.05 a barrel. U.S. WTI crude closed at $63.38 a barrel, posting equally a 0.4% gain.
read more... 20/04/2021
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EU halts sanctions for more Turkish oil firm officials
On the eve of talks with Turkey’s president and a key EU summit, the bloc is holding back on sanctions on more Turkish oil company officials, according to media reports.
read more... 19/03/2021
Oil majors in Myanmar in spotlight after U.N. call for sanctions
Major global oil companies, working in Myanmar, are in the spotlight after the UN's human rights investigator called last week for coordinated international sanctions on the country's state energy firm, MOGE.
read more... 10/03/2021
Western Companies Abandon Russia-Led Nord Stream 2 Project
The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are said to have abandoned links to the project for fear of sanctions.
read more... 21/01/2021