Post Tagged with: "EU"

Source: CNBC

EU wants to spend $1 trillion to help make it climate neutral by 2050

CNBC


The EU aims to use 1 trillion euros (around $1.11 trillion) for “sustainable investments” across the coming decade.

Brussels released details of its “European Green Deal” back in December, describing it as a “roadmap” to make the bloc’s economy

Iranian Tanker Sought by US Heading Toward Greece

Iranian Tanker Sought by US Heading Toward Greece

From The Houston Chronicle


An Iranian supertanker with $130 million worth of light crude oil that the U.S. suspects is tied to a sanctioned organization left Gibraltar and was heading east into the Mediterranean Sea on Monday, with its next …

Gibraltar Releases Captured Iranian Oil Tanker, US Makes Immediate Request to Seize Vessel

Gibraltar Releases Captured Iranian Oil Tanker, US Makes Immediate Request to Seize Vessel

From CNBC


An Iranian oil tanker held in Gibraltar since early July has been officially released by local authorities, although it may not sail if a U.S. application to seize the vessel proves successful.

On July 4, Gibraltar authorities with …

Iran Says it Expects Tanker Held by U.K. to Be Released Soon

Iran Says it Expects Tanker Held by U.K. to Be Released Soon

From The Houston Chronicle


Iran expects an oil tanker seized by the U.K. in the Strait of Gibraltar in July will be released soon, the semi-official Fars News agency reported Tuesday, a move that could help to ease concerns about …

UK Joins United States for Maritime Security Mission in Gulf

UK Joins United States for Maritime Security Mission in Gulf

From Reuters


Britain on Monday joined the United States in a maritime security mission in the Gulf to protect merchant vessels travelling through the Strait of Hormuz after Iran seized a British-flagged vessel.

British officials stressed that there was no …

Supertanker Suspected of Violating Sanctions Seized Off the Coast of Gibraltar

Supertanker Suspected of Violating Sanctions Seized Off the Coast of Gibraltar

By Tyler Losier, Energy Reporter, Oil & Gas 360

Vessel suspected of carrying Iranian oil to Syria in violation of EU sanctions
An Iranian supertanker carrying oil allegedly bound for Syria was detained in Gibraltar by British Royal Marines this

U.S. Proposes Tariffs on Another $4 Billion of EU Goods

U.S. Proposes Tariffs on Another $4 Billion of EU Goods

Boeing-Airbus subsidy dispute heats up

From the AJOT

The U.S. added new products from the European Union to potentially target with retaliatory tariffs in a long-running trans-Atlantic subsidy dispute between Boeing Co. and Airbus SE.

The U.S. Trade Representative’s office …

July 2, 2019 - 5:25 am Closing Bell Story‎, Economy, Energy News, Trade
EU, Britain, France, Germany Nix Iranian President’s Demand they Must Protect its Oil Exports

EU, Britain, France, Germany Nix Iranian President’s Demand they Must Protect its Oil Exports

EU, 3 nations reject Iran demands over nuclear deal, U.S. sanctions

Source: HRW.org

PM’s Brexit Deal Defeated in Parliament; Opposition to Table Non-Confidence Vote

LONDON – REUTERS / GLOBE AND MAIL

British lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing margin on Tuesday, triggering political chaos that could lead to a disorderly exit from the EU or even to …

January 15, 2019 - 4:57 pm Closing Bell Story‎, Energy News, Trade
New EU CO2 Reduction Target of 35% Could Cost 100,000 Jobs – Volkswagen Chief

New EU CO2 Reduction Target of 35% Could Cost 100,000 Jobs – Volkswagen Chief

There would no longer be affordable small cars built in Germany: Diess

From Economic Times

EU governments agreed Tuesday to aim for a 35-per cent reduction in CO2 output by 2030 rather than the 30 per cent hoped for by

October 12, 2018 - 12:30 pm Closing Bell Story‎, Energy News, Transportation
Ukraine

Gas Talks to Continue with Ukraine and EU: Russian Energy Minister Novak

From Reuters

Russian Energy Minister Alexander Novak said on Tuesday that three-way talks with Ukraine and the European Union would continue in the autumn, after he met representatives from Kiev and the European Commission in Berlin.

He also reiterated a …

Present Day Middle Eastern Game of Thrones – Part Two

Present Day Middle Eastern Game of Thrones – Part Two

[EDITOR’S NOTE: this is the final installment of the OAG360 story in which Helen El Mallakh, director of the International Research Center for Energy and Economic Development (ICEED), discusses the changing political scene and the shifting geopolitical sands that are …

How will an EU Brexit Affect International Relations, Politics and Oil?

How will an EU Brexit Affect International Relations, Politics and Oil?

The UK Votes Tomorrow whether to Exit or Stay in the EU; UK Polls are Split Down the Middle 

In less than 24 hours, the UK will vote whether or not to stay in the European Union or exit the …

Norway Surpasses Russia as Western Europe’s Top Gas Supplier

Norway Surpasses Russia as Western Europe’s Top Gas Supplier

Efforts to cut gas supplies from Russia appear to be working

Norway state-owned gas operator Gassco reported that the country exported 29.2 Bcm of gas to western Europe in the first quarter of the year, overtaking Russian exports to Europe …

May 26, 2015 - 1:11 pm International, Oil and Gas 360 Articles
The E.U. is Lobbying for the U.S. to End the Crude Oil Export Ban

The E.U. is Lobbying for the U.S. to End the Crude Oil Export Ban

The E.U. joins voices calling for an end to the U.S. export ban

Many have called for the end of the crude oil export ban from the United States, saying the legislation is a relic of a global energy picture …

Source: http://www.gazprom.com/press/gallery/events/649250/

E.U. Antitrust Regulators Go After Gazprom

Antitrust charges brought against Russian energy giant Gazprom

The European Commission (EC), the executive branch of the European Union, charged Russian energy giant Gazprom (ticker: OGZPY) with abusing its dominance in natural gas markets in Europe. The EC claims that …

Russia Ready to Consider Alternatives to South Stream

Russia Ready to Consider Alternatives to South Stream

President Putin to explore alternatives to South Stream with the E.U.

Russia is ready to discuss alternative options to South Stream with its European Union partners, says President Vladimir Putin. The Russian president said his country was not trying to …

February 18, 2015 - 6:49 pm International, Oil and Gas 360 Articles
Canadian Oilsands — the Doorway to Europe Opens

Canadian Oilsands — the Doorway to Europe Opens

For Some Color on this Development, Oil & Gas 360® Interviewed Export Canada Economist Stuart Bergman

Earlier this month, the European Parliament decided to reverse an earlier decision that labeled Canadian oilsands crude as “dirty oil,” removing barriers to refiners …

February 13, 2015 - 4:56 pm Canada, International, Oil and Gas 360 Articles
In the past as much as 80% of natural gas for Europe passed through Ukraine.

$1.6 Billion Gas Deal Warms Europe, Ukraine

Moscow insists on payment up front

Late last week, the EU, Russia and Ukraine struck a long awaited deal to supply Russian gas to Ukraine and Europe this winter.

russian gas exports to Europe via ukraine“EU officials said both Russia and Ukraine had bargained hard for …

November 3, 2014 - 4:33 pm Finance, International, Midstream, Oil and Gas 360 Articles