EurOil - Europe Oil & Gas
Despite the relative stability of crude prices in recent days, more news of activity cutbacks, earnings losses and demand weakness continues to come in, and all eyes are turning to the forthcoming OPEC+ meeting.
Defying US pressure Iran says it will send more fuel to Venezuela if Caracas requests additional shipments
Algeria’s national oil company (NOC) Sonatrach has become the majority shareholder in Medgaz, the operator of a natural gas pipeline across the bed of the Mediterranean Sea, through its acquisition of a stake in the link from CEPSA (Spain).
News service uses documents deposited by PR firm to reveal Mehmet Ali Yalcindag’s activities. Now head of Turkey-US Business Council, the businessman, once called a “close friend” by Donald Trump, is pushing to build up agriculture and LNG shipments.
Gas delivered via pipelines from Russia and Iran down 72% y/y and 33% y/y in March. US expanding shipments of liquefied natural gas amid glut as spot prices fall.