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Thursday 28 August 2025

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Context on Energy
News Bulgaria seeks private investors for nuclear project

Bulgaria is seeking private investors to build a nuclear power plant on the Danube River, which was canceled five years ago, Prime Minister Boiko Borisov said during a phone call with Russian President Vladimir Putin on Thursday.

  • May 11, 2017
News Oil rebounds on Saudi assurances Russia will extend supply cuts

Oil prices closed 1.5 percent higher on Friday, rebounding from five-month lows, following positive U.S. jobs data and assurances by Saudi Arabia that Russia is ready to join OPEC in extending supply cuts to reduce a persistent glut.

  • May 5, 2017
News U.S. will not give Exxon permission to drill in Russia

The United States will not make an exception for American companies, including oil major Exxon Mobil Corp, seeking to drill in areas prohibited by U.S. sanctions on Russia, Treasury Secretary Steven Mnuchin said on Friday.

  • April 22, 2017
News Iran challenges need to ship out excess material under nuclear deal

Iran has challenged the need for it to ship sensitive material abroad if its stock exceeds a limit set by its nuclear deal with major powers.

  • March 17, 2017
News Exclusive: Venezuela's cash-strapped PDVSA offers Rosneft oil stake - sources

Venezuelan state oil company PDVSA has offered Russian counterpart Rosneft a stake in a joint venture in the country's Orinoco Belt extra-heavy crude area, five industry sources said, in a sign of the Latin American nation's dire economic situation and Moscow's growing muscle there.

  • March 16, 2017
News Poland to use 'all legal means' to block Gazprom's EU antitrust deal

Poland aims to use "all legal means" to block the European Union's proposed terms for settling its antitrust investigation into Russian gas company Gazprom (GAZP.MM), the country's foreign minister said on Wednesday.

  • March 15, 2017
News Juncker to present post-Brexit EU white paper on Wednesday

European Union chief executive Jean-Claude Juncker will present a white paper to the European Parliament on Wednesday on options for shoring up unity once Britain launches its withdrawal process, a spokesman said.

  • February 28, 2017
News Iran describes OPEC compliance with oil cuts as 'acceptable'

OPEC's level of compliance with production cuts in January has been acceptable, Iran's oil minister said on Monday, expressing hope for further cooperation from non-OPEC members in the near future.

  • February 27, 2017
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