Fuel and energy

The Greek Armed Forces have been on heightened alert in connection with Turkey’s intention to to explore for gas and oil off the island of Kastellorizo ​from July 21 to August 2.

Experts note that positive news about coronavirus vaccine trials and an agreement on new stimulating measures in the European Union have boosted investor sentiment.

The new restrictions will affect foreign companies and individuals contributing to the implementation of the projects, in particular, the provision of vessels for laying pipes.

On July 17, Washington and New Delhi signed a memorandum which provides for the lease by India of underground oil storage tanks in the states of Texas and Louisiana.

According to Dmitry Peskov, Washington is engaged in unfair competition and is trying to force the Europeans “to buy more expensive gas on less favourable terms.”

“Get out now or risk the consequences,” the head of US diplomacy said.

Specialists managed to restore electricity supply on Tenerife by 20 %.

Klaus Ernst urged Washington to abandon tougher sanctions on the gas pipeline.

Boyden Gray stressed that financial institutions are actually boycotting the oil and gas sector.

The operation of both branches is stopped from July 14 to 26 for regular maintenance.

The volume of the first batch amounted to 144 thousand tons.

The September futures price for Brent oil on the London Intercontinental Exchange at 6:26 UTC amounted to 42.93 US dollars per barrel.

This is evidenced by the data of tracking services for the movement of marine vessels MarineTraffic and Myshiptracking.

This is evidenced by the documents of the company, cited by Reuters agency.