Image - Russia says EU mustnt re-export gas to Ukraine

Russia says EU mustn't re-export gas to Ukraine

Russian Energy Minister Alexander Novak warned Friday that Europe is contractually not allowed to re-export gas to Ukraine and could see its supplies cut if it did so. In an interview with the business daily Handelsblatt published ahead of a new round of talks in Berlin between Russia, Ukraine and the European Commission on Friday, Novak insisted that Moscow would meet all its contractual commitments. "But the agreed contracts do ...

Oil and Gas - General News - Sep 26, 2014


Image - Norway Can slightly Boost Gas to Russia-reliant EU

Norway Can 'slightly' Boost Gas to Russia-reliant EU

Norway can slightly boost its gas supply this winter to EU countries hit by tensions with Russia over Ukraine but has little room for manoeuvre, the energy minister said Thursday. Norway is the second biggest supplier of gas to the European Union after Russia, and is therefore one of the short-term options Brussels is looking at in case of a cut-off by Moscow. "The capacity of the gas pipeline system is more or less fully utilised...

Oil and Gas - General News - Sep 25, 2014


Image - Statoil Steps Up Advocacy on Carbon Pricing and Methane Reduction Efforts

Statoil Steps Up Advocacy on Carbon Pricing and Methane Reduction Efforts

“Fighting climate change is vital,” says Lund. “More than 80% of greenhouse gas emissions are linked to the use of fossil fuels. Statoil has a clear objective—to be recognised as the most carbon-efficient oil and gas producer in the world.” Today, Lund will address the importance of the Climate and Clean Air Coalition (CCAC) Oil and Gas Partnership on behalf of the founding partners at Secretary General Ban Ki-moon’s press conference at the UN...

Oil and Gas - Sep 23, 2014