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EGF
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Wednesday 14 May 2025

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News
Orban says he discussed missiles and natural gas with Trump

Hungarian Prime Minister Viktor Orban on Friday said he had discussed the purchase of mid-range air defense missiles at a meeting with U.S. President Donald Trump on Monday.

  • Date: 17.05.2019  |  Published on EGF: 17.05.2019  |  Security
Russia to restart clean oil supply via Druzhba fully in May or early June

Exports of clean Russian oil via the Druzhba pipeline, interrupted due to contamination, will be fully restored in late May or early June, Russian Energy Minister Alexander Novak said on Wednesday.

  • Date: 15.05.2019  |  Published on EGF: 15.05.2019
OPEC sees more 2019 demand for its oil as it keeps cutting output

OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including U.S. shale producers slows, pointing to a tighter market if the exporter group refrains from raising output.

  • Date: 15.05.2019  |  Published on EGF: 15.05.2019
Pompeo says he told Russia's Lavrov election interference is inappropriate

U.S. Secretary of State Mike Pompeo said he discussed concerns about interference in upcoming U.S. elections with Russian Foreign Minister Sergei Lavrov on Monday and told him interference was “not appropriate.”

  • Date: 13.05.2019  |  Published on EGF: 13.05.2019  |  External Relations
Pompeo to raise 'aggressive, destabilizing' Russian actions with Putin, Lavrov

Mike Pompeo will make his first trip to Russia as U.S. secretary of state next week for talks with President Vladimir Putin and Foreign Minister Sergei Lavrov on “aggressive and destabilizing actions” Moscow has taken around the world, a senior State Department official said on Friday.

  • Date: 13.05.2019  |  Published on EGF: 13.05.2019  |  External Relations
Oil supply crunch to test OPEC's spare capacity

Oil production capacity could fall to under one percent of global oil demand by the end of the year if OPEC compensates falling production from Iran and Venezuela, leaving oil prices exposed to sharp swings in the event of unplanned outages, analysts say.

  • Date: 13.05.2019  |  Published on EGF: 13.05.2019  |  Energy
Russia's Gazprom Neft sees global oil deal ending in mid-2019

Gazprom Neft, the oil arm of Russian gas giant Gazprom, expects the global oil deal between OPEC and its allies to end in the first half of the year, a company official said on Tuesday.

  • Date: 08.05.2019  |  Published on EGF: 08.05.2019
Russia sees oil quality normalizing in late May after contamination, output drops

The quality of Russian crude is gradually improving after a contamination scandal that rocked oil markets, buyers said on Tuesday, but Russia’s energy minister cautioned that it will take until the second half of May to fix the problem.

  • Date: 08.05.2019  |  Published on EGF: 08.05.2019
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