Gabon has told OPEC it will comply fully with its pledge to cut oil output under a 2019 supply deal between the exporter group and rivals such as Russia, in the latest sign of an OPEC push to improve compliance before its next meeting in December.

• Date: 11.10.2019  |  Published on EGF: 11.10.2019

An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi Arabia’s coast on Friday, Iranian media said, an incident that if confirmed will stoke tension in a region rattled by attacks on tankers and oil sites since May.

• Date: 11.10.2019  |  Published on EGF: 11.10.2019

Ukraine wants a long-term gas transit contract with Russia based on European standards, the prime minister said on Wednesday, adding Kiev would not agree to a short-term deal that Moscow seeks.

• Date: 09.10.2019  |  Published on EGF: 09.10.2019  |  Energy

OPEC has granted Nigeria a higher oil output target under an OPEC-led deal to limit oil supply in a move unannounced by the group, following efforts by Africa’s largest exporter to tweak the agreement to accommodate its expanding oil industry.

• Date: 09.10.2019  |  Published on EGF: 09.10.2019  |  Energy

Turkish President Tayyip Erdogan and Russia’s President Vladimir Putin discussed in a phone call Turkey’s planned operation into northeastern Syria, the Turkish presidency said on Wednesday, as Ankara gears to launch its cross-border offensive.

• Date: 09.10.2019  |  Published on EGF: 09.10.2019  |  External Relations

French and German attempts to end the conflict in east Ukraine risk increasing tensions that were already rising in the European Union over how to handle Russia and which could complicate peace efforts.

• Date: 07.10.2019  |  Published on EGF: 07.10.2019  |  External Relations

It is too early for the Organization of Petroleum Exporting Countries (OPEC) to discuss deeper oil output cuts despite the decline in oil prices, OPEC Secretary-General Mohammed Barkindo was quoted as saying by Russian news agency TASS on Monday.

• Date: 07.10.2019  |  Published on EGF: 07.10.2019  |  External Relations

French and German attempts to end the conflict in east Ukraine risk increasing tensions that were already rising in the European Union over how to handle Russia and which could complicate peace efforts.

• Date: 07.10.2019  |  Published on EGF: 07.10.2019  |  External Relations