German company ADL and Iran’s Sepahan Oil Company (SOC) have signed an agreement to cooperate in technology transfer in oil and gas industry lubricants. Source: Oil Price
Economics
Russia has moved one step closer to seeing its controversial Nord Stream 2 natural gas pipeline become a reality. On Wednesday, the consortium managing the pipeline said that it has all of the Russian permits needed for installation. Source: Oil Price
Turkey on Friday threatened to respond if the United States levied further sanctions over the detention of an American pastor which has sparked a diplomatic standoff and battered the Turkish currency. Source: Agence France Presse
The United States imposed sanctions on a Russian port service agency and Chinese firms for aiding North Korean ships and selling alcohol and tobacco to Pyongyang in breach of U.S. sanctions. Source: Reuters
il production from Tullow Oil’s offshore Tweneboa, Enyenra and Ntomme (TEN) field in Ghana is expected to hit full output capacity of 80,000 barrels a day by 2020. Source: Reuters
Iraq and Turkey must reach a deal with the Kurdistan Regional Government (KRG) first in order to export oil from the Kirkuk fields in northern Iraq via Turkey. Source: Oil Price
President Recep Tayyip Erdogan has found a benefactor to help pull Turkey from the brink of a financial crisis as Qatar promised to invest $15 billion in the country. Source: Bloomberg
More details have emerged about a quadruple stabbing in south London that left one child with his intestines hanging out. Witnesses have described seeing a group of around 30 youths involved in a fight on the estate in Camberwell, south London, last night. Two of the four children, aged 15 and 16, suffered injuries to their torsos while another had cuts to his arm and the fourth was injured on the leg. Source Metro
China’s military “is likely training for strikes” against US and allied targets in the Pacific, a Pentagon report warns. Source: BBC
Catalan separatists unveiled a giant banner against Spain’s King Felipe VI on a building in the Barcelona square where he is due to attend a ceremony on Friday in honour of the victims of last year’s deadly jihadist attacks in the city. Source: The Local
The German Interior Ministry has announced it has reached a deal that will allow it to return asylum-seekers to Greece. Chancellor Angela Merkel and Spain’s Pedro Sanchez agreed to a similar compromise last week. Source: Deutsche Welle
Serbian President Aleksandar Vucic announced that he will visit Kosovo in early September, around the same time that a new round of Belgrade-Pristina talks on normalising relations is to take place in Brussels. Source: Balkan Insight
Although the authorities have repeatedly reassured the public that the situation with illegal migrants and refugees is not critical, Montenegro has decided to send in the military to secure its borders. Source: Balkan Insight
The United States has confirmed plans to more double the number of troops based in Norway, a move Russia has already criticised as “clearly unfriendly”. Source: The Local
The Swiss government has decided to hold off on signing up to a landmark United Nations treaty that would ban nuclear weapons. Source: The Local
At least 574 undocumented migrants have been detained across Turkey, security sources said on Aug. 15. Source: Hürriyet Daily News
China is planning to set up a “CCTV network in space” and will launch satellites to monitor just about all of the South China Sea, with a control room for the network on an island claimed by Vietnam and Taiwan. Source: Asia Times
Taliban fighters overran an army base in northern Afghanistan, officials said Tuesday, killing at least 17 soldiers with dozens feared captured in a stinging blow to security forces already struggling to push insurgents from eastern Ghazni. Source: Agence France Presse
German company ADL and Iran’s Sepahan Oil Company (SOC) have signed an agreement to cooperate in technology transfer in oil and gas industry lubricants. Source: Oil Price
Russia has moved one step closer to seeing its controversial Nord Stream 2 natural gas pipeline become a reality. On Wednesday, the consortium managing the pipeline said that it has all of the Russian permits needed for installation. Source: Oil Price
Turkey on Friday threatened to respond if the United States levied further sanctions over the detention of an American pastor which has sparked a diplomatic standoff and battered the Turkish currency. Source: Agence France Presse
Russia’s sanctions-hit aluminum giant Rusal (0486.HK) said on Friday its board had discussed and approved a change of domicile from Britain’s Jersey to Russia in order to take advantage of new special tax regulations. Source: Reuters
The United States imposed sanctions on a Russian port service agency and Chinese firms for aiding North Korean ships and selling alcohol and tobacco to Pyongyang in breach of U.S. sanctions. Source: Reuters
il production from Tullow Oil’s offshore Tweneboa, Enyenra and Ntomme (TEN) field in Ghana is expected to hit full output capacity of 80,000 barrels a day by 2020. Source: Reuters
Iraq and Turkey must reach a deal with the Kurdistan Regional Government (KRG) first in order to export oil from the Kirkuk fields in northern Iraq via Turkey. Source: Oil Price
President Recep Tayyip Erdogan has found a benefactor to help pull Turkey from the brink of a financial crisis as Qatar promised to invest $15 billion in the country. Source: Bloomberg
The United States is sending via pipelines record volumes of natural gas to Mexico, and although U.S. pipeline capacity to Mexico and production and exports have jumped in recent years, delays at some pipelines on Mexican territory have been slowing down the rise in U.S. piped natural gas exports. Source: Oil Price
In a presidential decree published in the Official Gazette on Aug. 15, Ankara said it was imposing extra tariffs on imports of products, including rice, tobacco products, vehicles, alcohol, coal and cosmetics. Source: Hürriyet Daily News
Elon Musk said Saudi Arabia’s sovereign-wealth fund has approached him several times over nearly two years about providing financial support to take Tesla Inc. private, as the chief executive sought to explain his claim to have funding for a possible deal. Source: The Wall Street Journal
