By LNG World News By Alissa de Carbonnel BRUSSELS (Reuters) – EU antitrust regulators said on Monday concessions by Russia’s Gazprom aimed at avoiding fines should allay concerns of market abuse, signalling a thaw in business ties between Moscow and Brussels despite tensions over Ukraine and Syria. The provisional deal, which is subject to feedback…
Islamic State, the jihadist occupier of parts of Syria and Iraq, makes 43% of its $80 million/month revenue from illicit sales of oil, estimates the monthly Conflict Monitor at IHS Aerospace, Defense, and Security. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
Crude oil prices on the New York market fell by more than $1/bbl on Nov. 13 although oil futures were on the rebound in early Nov. 16 trading upon concerns about possible supply disruptions after France launched airstrikes in Syria following terror attacks in Paris. Read Full Article Here For more great articles: Oil &…
Article Abstract: This week, we take you through a list of security and stability alerts in areas where oil and gas operations and other commodities may be affected. • Egypt: Spillover from Syria Another suicide car bombing at a policeman’s club in al-Arish, North Sinai governorate killed at least six and wounded 10 others. The…
Article Abstract: In the aftermath of the downing of the Russian airplane over Egypt, the Kremlin announced its decision to send missile systems to Syria to protect its forces. Russia’s ability to intervene in the Middle East is likely to have an indirect impact on gas developments in Europe. This comes… from Natural Gas Europe…
Article Abstract: Rigzone highlights which Syrian oil and gas fields have been fought over most in 2015, highlighting the country’s current production levels and the potential future of Syria’s petroleum industry. from Rigzone.com: Latest News Headlines Click Here To Read Full Article Visit Rigzone.com: Latest News Headlines for more great articles.
Article Abstract: Relations between Turkey and Russia had been warming during most of 2015 as their two leaders, Recep Tayyip Erdogan and Vladimir Putin, very publicly discussed plans for the proposed TurkStream pipeline through the Anatolian peninsula, which would bring gas not only to Turkey but also to Europe.Then came Russia’s support of Syrian President…
Article Abstract: Earlier this week, Saudi foreign minister Adel al-Jubeir had the following message for Tehran: "We wish that Iran would change its policies and stop meddling in the affairs of other countries in the region, in Lebanon, Syria, Iraq and Yemen. We will make sure that we confront Iran’s actions and shall use all…
Article Abstract: Oil sales — the extremists’ largest single source of continual income — are a key reason they have been able to maintain their rule over their self-declared "caliphate" stretching across large parts of Syria and Iraq. from Fuel Fix Click Here To Read Full Article Visit Fuel Fix for more great articles.
Article Abstract: The Russian air bombing campaign in Syria began on September 30, with about 20 sorties a day. The bombing drastically increased on October 8, to over 60 sorties and reached 88 on October 13. The Russian mixed air task force deployed last month at a newly established airbase near Latakia has, according to…