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Some business deals are ready to be inked but others are still in negotiation as a few sanctions not related to the nuclear program remain in place, particularly by the U.S., on the trade of goods that could be used for military or intelligence purposes.
As more countries begin to implement plans to reach climate goals agreed to in Paris last year, the global solar industry will again accelerate to about 20 percent annual growth over the next few years.
European gas production is down and countries there want to get more of the heating and power plant fuel from places other than Russia – a major supplier, but one that’s brought plenty of headaches.
The Houston driller announced its new $7.7 billion annual budget announced a day after larger rival Chevron Corp. said it would trim spending by 24 percent next year.
Europe will be the battleground between producers of sour crude grades, including Russia, Iraq, Saudi Arabia and Iran, as the Asian market becomes more “crowded,” the Paris-based IEA said in its monthly report.
Iranian shipments to Europe came to about 600,000 barrels a day, or 17 percent of its production, before sanctions blocked imports in 2012.
Georgios Papanikolaou is the Consul of Greece to Houston; Elena Sgarbi is the Consul General of Italy to Houston; and Ferhat Alkan is the Consul General of the Republic of Turkey to Houston.
Royal Dutch Shell Plc, Europe’s biggest energy company, and BP are struggling to increase oil and gas production and add to their reserves.
While North American profit margins are not as strong as they were last year, the petrochemical boom along the Gulf Coast is still moving forward.
Norway is on track for record gas production this year after Statoil ASA put an end to technical issues that limited the capacity for the country’s biggest field.