You Think You Are Doing Me?

Russia’s deputy Prime Minister, Arkady Vladimirovich Dvorkovich, says the U.S. sanctions against Russia will have more impact on Europe - that has strong links with Russia when it comes to its energy sector – than it will affect Moscow. Read more here: https://www.cnbc.com/2017/09/02/ambrosetti-forum-us-sanctions-hurt-europe-more-than-russia-top-russian-official-says.html

Don’t Let Harvey Panic You

The average price of gasoline has surged by 7/8 cents, coinciding with Labor Day after Hurricane Harvey knocked a quarter of the oil refineries in the United States offline and reduced the flow in the Colonial Pipeline, a 5,500-mile conduit between Houston and New York City that provides about 40 percent of the South's gasoline and has a spur that runs through Chattanooga, however Emily LeRoy, executive director of the Tennessee Fuel and Convenience Store Association ask drivers not to panic. Read more here: http://www.timesfreepress.com/news/local/story/2017/sep/02/goutage-price-jumps-coincide-labor-day-dont/446848/

Lending Hands With Diesel

Two trucks, each loaded with 4,000 gallons of high speed diesel or HSD, will reach Moreh, a town located on the India-Myanmar border in the Indian state of Manipur, on September 3, the first consignment of high speed diesel from India, while natural gas could be imported from Myanmar to India using a separate pipeline, the CEO of Parami Energy Group CEO, Ken Tun revealed recently. Read more here: http://economictimes.indiatimes.com/news/politics-and-nation/on-pm-narendra-modis-visit-myanmar-to-receive-first-lot-of-diesel-from-india/articleshow/60338406.cms

You Are Smart, You Are Clean, Take More Money

The Town of Plattsburgh has been given an opportunity to apply for up to $100,000 meant for clean-energy projects after it was designated a Clean Energy Community by the New York State Energy Research and Development Authority. Read more here: http://www.pressrepublican.com/news/local_news/town-of-plattsburgh-earns-clean-energy-designation/article_19ea5ab6-87a4-5764-9f21-555ee29c09c5.html

Killing Us Softly

The middle class in India is at the receiving end as the government has started plans to remove subsidy in LPG by next year and first of this decision began with the hike of subsidized cylinder by Rs 7 on Friday. Oil and Petroleum Minister Dharmendra Pradhan have asked oil companies to raise the price of LPG by Rs 4 every month to remove all subsidies by March, 2018. Read more here: http://www.dnaindia.com/business/report-subsidised-lpg-to-get-costlier-price-hiked-by-rs-7-opposition-protest-against-hike-2542376

They Finally Buried The Hatchet In The Sea

The Permanent Court of Arbitration in The Hague has announced the resolution of a bitter and long-running dispute over maritime boundaries in the Timor Sea between Australia and Timor-Leste.  Read more here: http://www.abc.net.au/news/2017-09-02/timor-leste-maritime-boundary-with-australia-agreement/8866776

Keeping Their Words

24 million tonnes of oil will be supplied to Belarus by Russia, following an agreement signed in April, 2017, by Russian Energy Minister Alexander Novak and Belarusian Deputy Prime Minister Vladimir Semashko to settle the gas price and oil supplies row between the two countries. Read more here: https://sputniknews.com/business/201709021057025442-russia-belarus-oil/

See What You All Have Caused?

The National Anti-Corruption Bureau of Ukraine (NABU) has revealed UAH 20 billion (€650 million) to be the amount of the damages caused to state enterprises due to alleged corruption offences in the fuel and energy-related industries in Ukraine. Read more here: http://emerging-europe.com/sectors/gas/investigations-into-the-corrupt-ukrainian-fuel-and-energy/