The North Stream pipeline between Russia and Germany “will not benefit from EU financing,” EU energy commissioner Maros Sefcovic told the EU Parliament Tuesday. It “would not give access to a new source of supply” and would increase dependency on Russian gas, he said. Source: EUobserver
On Tuesday, around 5 am, a young man fled after being checked and hit a pole. According to the police, there would have been no chase. Source Le Parisien
The U.S. Department of Energy (DOE) is offering 11 million barrels of oil for sale from the nation’s Strategic Petroleum Reserve (SPR) ahead of sanctions on Iran that are expected to reduce global supplies of crude. Source: Reuters
Iraq’s state-run Basra Oil Company and Chevron agreed to begin implementing a memorandum of understanding to develop fields in the south of the country. Source: Reuters
