Post Tagged with: "European Union"

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 …

China’s Lack of Natural Gas Storage Capacity Restricts Supply

China’s Lack of Natural Gas Storage Capacity Restricts Supply

From China Daily


While China needs more natural gas to meet its surging demand for clean fuel, a lack of storage capacity is making it difficult for the country to cope with supply crunches in winter months when demand surges …

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

EU Plans Sharp Hike in U.S. Energy Imports as Trade Lever

EU Plans Sharp Hike in U.S. Energy Imports as Trade Lever

From Reuters

The European Union will seek to double imports of liquefied natural gas (LNG) from the United States by 2023, as part of its efforts to ease transatlantic trade tensions and reduce its reliance on Russian gas.

U.S. Energy …

May 2, 2019 - 5:17 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
EU to Implement Counter-Measures Against U.S. Tariffs

EU to Implement Counter-Measures Against U.S. Tariffs

From Reuters

Europe will implement counter-measures against U.S. tariffs on steel and aluminum just like Canada, German Chancellor Angela Merkel said on Sunday, voicing regret about President Donald Trump’s abrupt decision to withdraw support for a G7 communique.

Trump’s announcement …

June 11, 2018 - 11:41 am Closing Bell Story‎, Energy News
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 …

Source: HRW.org

European Union Hopes to Form a Single Energy Market

This is “the most ambitious European energy project since the Coal and Steel Community” – Vice President European Commission

Invoking the memory of the organization that led to the foundation of the European Union, Maroš Šefčovič, Vice President of the …

February 27, 2015 - 1:55 pm International, Oil and Gas 360 Articles
ECB Announces €60 Billon per Month Stimulus Plan

ECB Announces €60 Billon per Month Stimulus Plan

The European Central Bank plans to buy government bonds in the hope of stimulating economic growth

Inflation in the Eurozone fell below zero in December, raising speculations that the European Union might be headed towards a deflationary period. In order …

January 22, 2015 - 6:10 pm Finance, International, Oil and Gas 360 Articles
South Stream Cancelled by Russia

South Stream Cancelled by Russia

Russian President Vladimir Putin announced Monday that Russia will be cancelling its $40 billion South Stream gas pipeline project. Mr. Putin cited unwillingness from European countries as the main reason for shutting down the project saying: “[the project’s cancellation] is …

December 2, 2014 - 1:58 pm International, Oil and Gas 360 Articles