The 5th Opec+ meeting has concluded on Friday with the unanimous decision of cutting oil output by 1.2 mb/d starting from January 2019, for an initial period of six months. Opec countries will count for 0.8 mb/d and non Opec countries for 0.2 mb/d of the total target. The decision was far from being an easy one, …
The agreement to bring gas from Cyprus to Egypt for further export signed on the 19th of September could be a starting point to develop Eastern Mediterranean gas resources.
A Landmark deal was reached by Caspian states on the status of te world biggest water body. However, the energy dimension has not been tackled, for now.
After threats by Iran to close the Strait of Hormuz, Saudi Arabia halts shipments through the Strait of Bab el-Mandeb, following attacks by the Houthis to two Saudi vessels. Is Iran behind it? and how Saudi Arabia will act in the long term?
A brief analysis of the impact that the explosion at the gas hub of Baumgarten had on the energy security narrative in Italy.
Opec agreed to extend the cut until December 2018. Many see Russia as the new swing producer, but Saudi Arabia still seems to have a lot to say.
The referendum for the independence of Iraqi Kurdistan showed an overwhelming support for complete separation from Bagdad. Many variables are involved in this process, the most relevant being the oil in the Kurdish north of the country.
Nord Stream 2 in brief In 2011 the first Nord Stream offshore pipeline became operational, bringing 55 bcm/y of Russian gas directly through the Baltic Sea to Germany. The planned Nord Stream 2 is to follow the same route, doubling the capacity of the existing gas connection. The designed shareholders are Gazprom (50%), E.ON (10%), …
Kazakhstan has tremendous energy potential, but the persistent Russian influence could hinder its full development
Few weeks ago the U.S. Senate approved a sanction bill against Russia targeting its energy industry. Some European countries strongly protested, but the sanctions could bring to the surface latent tensions within the EU