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Russia Wants New Hand in Iran Nuclear Facility When Sanctions Lift

Russia Wants New Hand in Iran Nuclear Facility When Sanctions Lift

Russia hopes that if a nuclear deal is reached after ongoing negotiations between the West and Tehran, Moscow will boost nuclear power plant construction in Iran, integrated company NIAP-ASE-AEP Director Valery Limarenko said on June 2 in Moscow.

OPEC’s Strategy Talks Overshadowed by Saudi Arabia’s War in Yemen

OPEC’s Strategy Talks Overshadowed by Saudi Arabia’s War in Yemen

All eyes are on the ministers from the Organisation of the Petroleum Exporting Countries (OPEC), who are scheduled to meet in Vienna on June 5. According to the UK’s Business Insider, it remains to be seen whether Saudi Arabia’s war in Yemen will change their entire strategy.

OPEC to Maintain Current Production Ceiling at 30 Mb/D

OPEC to Maintain Current Production Ceiling at 30 Mb/D

In its 167th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) which was held today, Friday, 5th June 2015, in Vienna, Austria, the delegates reviewed the oil market outlook, as presented by the Secretary General, in particular the demand and supply projections, and the outlook for the second half of 2015.

Moscovici Convinced EU Will Find a Deal on Greece

Moscovici Convinced EU Will Find a Deal on Greece

EU Economic and Monetary Affairs Commissioner Pierre Moscovici said on Thursday he was sure Greece and its creditors would reach an agreement on a cash-for-reforms deal and that Greece would remain in the euro zone.

Some Industries May Need 10 More Years of Free Carbon Credits

Some Industries May Need 10 More Years of Free Carbon Credits

Some of Europe’s most heavily polluting industries could need to retain access to free carbon allowances covering all their emissions for the decade to 2030 if the EU is to avoid pricing companies out of the bloc, a regulators’ assessment has found.