Politics & Regulation

A man in a business suit offers money (copyright by Shutterstock/Oleksandrum)
A man in a business suit offers money (copyright by Shutterstock/Oleksandrum)

East African Oil Pipeline Compensation Costs Go Up To 65Bn Ugandan Shilling

Robert Kasande of the Ugandan Ministry of Energy and Mineral Development has announced that compensation to those affected by the Ugandan section of the planned East African Crude Oil pipeline could reach the equivalent to $18 million.

Flags of Zambia and Angola (copyright by Shutterstock/esfera)
Flags of Zambia and Angola (copyright by Shutterstock/esfera)

Marathon Talks Concerning Products Pipeline End Between Oil-Rich Angola and Zambia

More than ten years of complex negotiations between Angola and neighboring Zambia have resulted in a $5 billion deal to build a products pipeline between Lobito and Lusaka.

At the signing ceremony in Luanda, the Zambian government was represented by Energy Minister Mathew Nkhuwa, with Angola represented by Petroleum Minister Diamantino Pedro Azevedo.

Flags of Greece and Northern Macedonia (copyright by Shutterstock/alexfan32)
Flags of Greece and Northern Macedonia (copyright by Shutterstock/alexfan32)

Northern Macedonia And Greece To Sign A Treaty To Interconnect Gas Pipelines

Northern Macedonian’s Prime Minister Zoran Zaev is expected to visit Athens in early May to sign a treaty promoting a pipeline gas interconnection project linking the two Balkan country’s gas networks.

German Chancellor Angela Merkel at a press conference (copyright by Shutterstock/360b)
German Chancellor Angela Merkel at a press conference (copyright by Shutterstock/360b)

Construction Of Nord Stream 2 Defended By Merkel

Nord Stream 2 has been the centre of a long-running dispute between the United States and Germany. Washington has criticised Nordstream 2 for potentially increasing Europe’s dependence on Russian gas but at the same time seeing it as reducing opportunities for US liquid natural gas exports to Europe.

The flag of the USA (copyright by Shutterstock/Graeme Dawes)
The flag of the USA (copyright by Shutterstock/Graeme Dawes)

United States Senate Follows Up On Its Nord Stream 2 Threats

The U.S. Senate Foreign Relations Committee of the US Congress has acted to put some teeth into its much ballyhooed Nordstream 2 sanctions policy by approving The Ukraine Security Partnership Act.  This measure authorizes $300 million in foreign military financing, of which $150 million would be subject to conditions.

President of the USA, Joe Biden (copyright by Shutterstock/vasilis asvestas)
President of the USA, Joe Biden (copyright by Shutterstock/vasilis asvestas)

Biden's Infrastructure Plan Causes Mixed Reactions From Natural Gas & Oil Industry

It’s not surprising that America’s oil and gas sector is not totally enthusiastic about President Biden’s $2.25 trillion American Jobs Plan which incorporates raising corporate taxes and, should it gain Congressional approval, designation of monies to facilitate the country’s transition from fossil fuels towards clean energy.

Satellite image of Gaza taken on April 11, 2019 (copyright by Shutterstock/Intrepix)
Satellite image of Gaza taken on April 11, 2019 (copyright by Shutterstock/Intrepix)

Qatari Diplomatic Breakthrough In Underwriting Gas Pipeline From Israel Into Gaza

A motley coalition of nationalities and supranational organizations have reconciled differences to help construct a natural gas pipeline running from Israel into the Gaza Strip.

Flags of Germany and the USA (copyright by Shutterstock/Andy.LIU)
Flags of Germany and the USA (copyright by Shutterstock/Andy.LIU)

Washington Revisits Nord Stream 2: Partnership Over Parochialism?

At first glance, it seems the new Joe Biden administration will be adopting the same punitive policy vis-vis Nord Srteam 2 as its predecessor:  Nord Stream 2 should not go into operation and sanctions should be used as a means to this end.

The Indian flag (copyright by Shutterstock/Niyazz)
The Indian flag (copyright by Shutterstock/Niyazz)

Indian Oil to monetise pipeline assets

India’s Finance Minister, Nirmala Sitharaman in a recent budget speech announced plans to monetise (privatise) existing oil and gas pipeline infrastructure, which is operated by various state-owned assets including the Indian Oil Corporation (IOC), gas utility GAIL (India) Ltd and Hindustan Petroleum Corporation Ltd (HPCL).

President of the USA, Joe Biden (copyright by Shutterstock/vasilis asvestas)
President of the USA, Joe Biden (copyright by Shutterstock/vasilis asvestas)

President Biden Raises The Pressure on Nord Stream 2 - Gazprom Seemingly Unfazed

As President Biden enters the Nord Stream 2 conundrum, asserting the pipeline is a "bad deal" for Europe, Gazprom has begun a public campaign extolling the virtues of a pipeline that will help Russia and Europe to meet its most ambitious climate goals.

Fortuna in the port of Mukran near Sassnitz, Germany (copyright by Shutterstock/ Karsten_1)
Fortuna in the port of Mukran near Sassnitz, Germany (copyright by Shutterstock/ Karsten_1)

Nord Stream 2 Readies Itself For The Final Push Before Completion

Nord Stream AG said yesterday that "the laybarge Fortuna has started works in the construction corridor in the Danish EEZ, ahead of the resumption of the Nord Stream 2 construction."

Kremlin in the morning sun (copyright by Shutterstock/Baturina Yuliya)
Kremlin in the morning sun (copyright by Shutterstock/Baturina Yuliya)

The Kremlin Maintains Nord Stream 2 Will Be Completed

While Russian gas producer Gazprom has acknowledged in a Eurobond prospectus that Nord Stream 2 gas pipeline project may be suspended or scrapped due to political pressure, the Kremlin followed on the same day to assert that the project would be completed.