Church of England Threatens to Withdraw Investment from Oil and Gas

The Church of England has voted in favour of withdrawing investment from companies that aren’t doing enough to tackle climate change. The General Synod, the decision-making body for the Church, said it broadly supported its ongoing strategy of engaging with companies “rather than prematurely disinvesting for them”. However, it added …

Republican Tax Bill Presents Grave Threat to Alaska’s Tribal Groups

For tribal people in northern Alaska, a Republican tax overhaul that was hastily cobbled together in congressional backrooms 3,000 miles away has raised fears that their entire way of life could be erased from this frigid corner of the US. The Senate’s tax bill may land a decisive blow in …

Construction Contract Signed for Second String of TurkStream’s Offshore Section

South Stream Transport B.V. and Allseas Group  signed in Amsterdam a contract to build the second string of the TurkStream gas pipeline’s offshore section. The document was signed as part of the option included in the construction contract for the pipeline’s first string, which had been inked in 2016. In …

Vice-President of European Commision Attends Southern Gas Advisory Council Meeting

Yesterday  a ministerial meeting of the Southern Gas Advisory Council was held in Baku, Azerbaijan. Participants discussed bringing gas to EU markets from regions to the south and east of Europe along the Southern Gas Corridor. European Commission Vice-President Maroš Šefčovič and the President of Azerbaijan, Ilham Aliyev, attended the …

Palestinians Discuss Development of Gas Field with Shell

The Palestinian Investment Fund (PIF) announced on Monday that it has been discussing the development of Gaza Marine Gas Field with Shell, Anadolu has reported. Gaza Marine is about 30km off the coast of the Gaza Strip in the eastern Mediterranean; it is estimated to contain about 28 million cubic …

Nord Stream 2 to Play Crucial Role in EU’s Energy Security

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg yesterday. The meeting addressed Russian gas supplies to Austria. In 2016, Gazprom exported 6.1 billion cubic meters of gas to Austria, which was …