The Organization of the Petroleum Exporting Countries (OPEC) has offered Russia to become its member, but Russia will remain an observer in the group, Rosneft CEO Igor Sechin has said. Due to climate, Russia is unable to regulate oil production swiftly, he added. Source: Tass
Around 100 km of the subsea Nord Stream 2 gas pipeline from Russia to Germany are left to lay, Russia’s ambassador to Germany, Sergei Nechayev, said May 8. In an interview with German media outlet RND, Nechayev also said he was hopeful the pipeline would be completed before the upcoming German election on Sept. 26. Source S & P Global
“Fluctuations” at Iran’s Natanz plant pushed the purity to which it enriched uranium to 63%, higher than the announced 60% that complicated talks to revive its nuclear deal with world powers, a report by the U.N. nuclear watchdog said on Tuesday. Source Reuters
Austria on Tuesday rejected a plea for other European Union countries to accept migrants from Italy, following a surge in arrivals on Lampedusa that seems likely to expose deep-seated divisions across the bloc over migration. More than 2,000 mostly African migrants have reached the tiny island off Italy’s southern coast by boat since Sunday, overwhelming its reception centre. Source KFGO
