OPEC oil output hits lowest since 2011 on Saudi cut, sanctions: Reuters survey
OPEC oil output hit an eight-year low in July as a further voluntary cut by top exporter Saudi Arabia deepened losses caused by U.S. sanctions on Iran and outages elsewhere in the group, a Reuters survey found.
UPDATE 1-Saudi, U.S. energy ministers express concern over threats to maritime traffic in the Gulf
Saudi Arabia Energy Minister Khalid Al-Falih met U.S. Energy Secretary Rick Perry on Tuesday in Washington and said both sides expressed concern over threats targeting freedom of maritime traffic in the Arabian Gulf.
Iran says it will further breach nuclear deal in one month unless Europeans act
Iran told European powers on Monday it would further reduce compliance with its 2015 nuclear deal in about a month’s time if they were still failing to protect it from crippling U.S. sanctions, reimposed after Washington exited the deal.
Blasts rock Russian arms depot, eight injured - TASS
A series of blasts rocked an arms depot at a Russian military base in Siberia on Monday, injuring eight people and prompting aluminum producer Rusal to suspend operations at the country’s biggest alumina producing plant.
Senate panel backs Nord Stream 2 pipeline sanctions bill
WASHINGTON (Reuters) - A U.S. Senate committee passed a bill on Wednesday to slap sanctions on companies and individuals involved in building the Nord Stream 2 gas pipeline from Russia to Germany that the Trump administration says would strengthen Moscow’s economic grip on Europe.
Nord Stream 2 gas pipeline says parties involved committed to finish route
The Nord Stream 2 natural gas pipeline project’s operator said on Thursday it was assessing a U.S. bill passed by a Senate panel that proposes to impose sanctions on it, but said all parties involved remained committed to finish the route.
Russia's Nord Stream 2 pipeline takes EU to court over new gas rules
A Russian-led project to lay a new gas pipeline to Europe is taking the European Union to court to challenge new rules it says endanger its business model, opening a new front in a fight that has divided EU nations.
Novak: various factors lead to Russian oil output fluctuations
Russia has a commitment to keep its monthly average oil production in line with a global agreement on oil output, but its level may fluctuate in the course of a month due to various factors, Energy Minister Alexander Novak said on Friday.
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