Nord Stream II: Europe – Russia Cooperation In April 2017, five European companies and the Russian State Oil Company, Gazprom, signed an Earth shaking €9.5 billion agreement. It was a vow to finance the expansion of the Nord Stream gas pipeline into Europe, providing dirt cheap natural gas to the continent – courtesy of Vladimir Putin. At the ...
The US’ withdrawal from the JCPOA and declaration of a new set of sanctions has been hard to swallow for those planning Iran’s energy sector, as they had been relying on the deal as a means of revivifying Iran’s oil and gas production capacity. These new sanctions are set to be implemented against Iran’s oil and gas sector on November ...