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Thursday 5 June 2025

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News on Energy
Russia, Saudi agree everyone should implement OPEC+ deal: Ifax cites Novak

Russian Energy Minister Alexander Novak said on Wednesday that he and Saudi Arabia’s new energy minister agreed that all parties should implement the global oil output deal between OPEC and its allies, Interfax news agency reported.

  • Date: 11.09.2019  |  Published on EGF: 11.09.2019  |  Energy
UPDATE 1-Short-term pain, long-term gain: Indonesia could plug nickel pig iron gap

Indonesia may be able to plug an expected shortfall in nickel pig iron (NPI) supplies caused by its nickel ore export ban starting next year by boosting its own capacity to produce the semi-finished metal used to make stainless steel.

  • Date: 02.09.2019  |  Published on EGF: 02.09.2019  |  Energy
Kuwait committed to implement accord to reduce oil output, says oil minister

Kuwait is “fully committed” to implementing an agreement between oil exporting countries to cut production in order to support crude prices, Oil Minister Khaled al-Fadhel said on Monday.

  • Date: 14.08.2019  |  Published on EGF: 14.08.2019  |  Energy
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.

  • Date: 02.08.2019  |  Published on EGF: 02.08.2019  |  Energy
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.

  • Date: 02.08.2019  |  Published on EGF: 02.08.2019  |  Energy
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.

  • Date: 29.07.2019  |  Published on EGF: 29.07.2019  |  Energy
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.

  • Date: 29.07.2019  |  Published on EGF: 29.07.2019  |  Energy
Oil prices rise on Iran tensions, OPEC output cuts

Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally.

  • Date: 17.07.2019  |  Published on EGF: 17.07.2019  |  Energy
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