Some big utilities in eastern Europe are backing a proposed EU antitrust settlement with Russian state gas exporter Gazprom, increasing the chances of a deal that is opposed by countries striving to…
Lebanon Starts Offshore Energy Exploration, Defying Israel
Lebanon has started exploration of oil and gas at its offshore energy reserves in the Mediterranean waters disputed by the Israeli regime. Lebanon’s Energy and Water Minister Cesar Abi Khalil said in…
American Boom Seen Tempting Ships to Steer Clear of Iran’s Oil
BloombergSingapore The latest standoff between the US and Iran may be leaving oil-tanker owners in more of a bind than in previous years. As the US reimposes sanctions on the Islamic Republic,…
Saudi-Russia Policy Shift Sets Stage for Tense Opec Meeting
BloombergLondon When Saudi Arabia and Russia announced a new policy to revive oil production last week, one thing was missing: most of the other partners in their grand coalition. With oil…
Opec Said to Have Reached Goal of Wiping Out Oil Surplus
Bloomberg/Kuwait Opec and allied oil producers including Russia concluded that the crude market re-balanced in April, when their collective production cuts achieved a key goal of draining the surplus in global stockpiles….
Iran/Etats-Unis: derrière le nucléaire, l’UE voit aussi une guerre du gaz
Les Européens soupçonnent les Etats-Unis de chercher à neutraliser l’exploitation des énormes réserves de gaz iraniennes, grâce aux sanctions sur le nucléaire, afin d’ouvrir des débouchés à leur propre production, en…
Exclusive: Qatar Petroleum CEO says pushing ahead with expansion despite Gulf embargo
DOHA (Reuters) – State energy giant Qatar Petroleum will push ahead with its production expansion and foreign asset acquisition strategy to be on par with oil majors, despite a regional political and…
Pétrole : Arabie Saoudite et Russie envisagent une hausse de production au 3e trimestre
AFP L’Arabie saoudite et la Russie, qui s’entendent depuis 2017 avec d’autres gros producteurs de pétrole pour limiter l’offre, ont jugé possible vendredi une hausse de la production à partir du troisième…
OPEC, Russia prepared to raise oil output amid U.S. pressure
ST PETERSBURG/DUBAI (Reuters) – Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by some 1 million barrels a day, sources said, weeks after U.S. President Donald Trump complained…
Le pétrole chute, Ryad et Moscou semblent prêts à augmenter leur production
NYC/Cours de clôture: Les cours du pétrole ont lourdement chuté vendredi à New York et Londres alors que l’Arabie saoudite et son allié russe ont estimé “probable” un assouplissement des limitations de…