News Live

Russia and Saudi to discuss relaxing oil production caps, Novak tells @FT - "We cannot argue that higher prices is always a good thing for producers."

Gazprom says EU decision 'most reasonable outcome' for gas market

European Commission will likely announce a settlement with Gazprom today that entails no fines but firm commitments to respect EU rules

Protesters Shut Down Libyan Oilfield over State Services

EU's energy chief says 'time has come' for new Russia, Ukraine gas talks

Under a new plan, South Korea will not issue any more licenses for coal power plants, while existing plants will be required to cut CO2 by 40%

US Assistant Secretary of State Sullivan says oil sanctions on Venezuela are being actively considered after controversial presidential elections.

[email protected]: America is blessed with extraordinary energy abundance, including more than 250 years worth of beautiful clean coal. We have ended the war on coal, and will continue to work to promote American energy dominance.

Putin on US opposition to Russian gas pipeline to Germany: "Donald isn't just US president but strong, good entrepreneur. That's why he's trying to advance interests of business and secure sale of American LNG on European market."

Putin: US opposition to Nord Stream pipeline hasn't changed since Obama administration and is dictated by support for Ukraine as transit country.

Denmark's Maersk Tankers ends Iran shipping after US reimposes sanctions

Brent crude exceeds $80 for a barrel for the first time since November 2014

[email protected] began building its pipeline in Germany this morning.

No power in Gaza since yesterday

British Gas owner Centrica reiterates outlook, sees fall in customers

Poland's anti-monopoly authority has launched legal proceedings against Russia's @GazpromEN and five foreign companies financing the construction of the @NordStream2 gas pipeline over potential breach of Polish law.

Khamenei: U.S.'s problem with Iran is not the nuclear energy; that's just an excuse. We accepted the JCPOA but animosities towards the Islamic Republic never ended."

Khamenei: Nuclear energy is a necessity for the country; according to experts, in the next few years the country will need 20K megawatts of nuclear-generated electricity made by nuclear plants.

[email protected]: The Republican Party had a great night. Tremendous voter energy and excitement, and all candidates are those who have a great chance of winning in November. The Economy is sooo strong, and with Nancy Pelosi wanting to end the big Tax Cuts and Raise Taxes, why wouldn't we win?

KCNA: "They underlined the need to build more healthy, green, energy-saving and multifunction buildings more successfully to meet the trend of the world architectural development."

Huge fire at CenterPoint substation in Texas City

Puerto Rico's power company to immediately adopt U.S. national standard to design and rebuild the island's power grid following Hurricane Maria.

Map from IEA showing the global flow of LNG shipments to OECD importers in 2017.

Iran to start oil swap next week with Iraq's Kirkuk

Oil futures in New York just topped $70 a barrel, the first time since November 2014

Iraq to sign deal with bp to develop Kirkuk field: oil ministry

Greek state-controlled gas company DEPA will take part in a market test for the development of a liquified natural gas (LNG) terminal in northern Greece.

TANAP gas pipeline to be launched on 19 June

[email protected]: The White House is running very smoothly despite phony Witch Hunts etc. There is great Energy and unending Stamina, both necessary to get things done. We are accomplishing the unthinkable and setting positive records while doing so. Fake News is going "bonkers."

Explosion of oil refinery in the areas under the control of SDF