Russia And Iran Move A Step Closer To Creating A Gas OPEC-Style Cartel

The signing of a memorandum of understanding (MoU) last week between Russian state gas giant Gazprom and the Iranian National Gas Company (NIGC) to begin direct transfers of gas from Russia to Iran “will act as a revolution in the energy and industry scene of the region”, according to Iran’s Petroleum Minister, Javad Owji. Indeed, this MoU and the others that preceded it can be seen as a major stepping stone to enabling the two countries to implement their long-held plan to be the core participants in a global cartel for gas suppliers in the same mold as the Organization of the Petroleum Exporting Countries (OPEC) for oil suppliers.

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Reflections on Global Oil and Gas Markets

Please join the CSIS Energy Security and Climate Change Program for a conversation between Fereidun Fesharaki, founder and chairman of FGE, and Ben Cahill, senior fellow in the CSIS Energy Security and Climate Change Program.

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Oil workers demand probe of plot against Dangote refinery

The Nigerian Union of Petroleum and Natural Gas Workers, NUPENG and the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN have called on President Bola Tinubu to initiate an investigation into allegations that International Oil Companies are plotting to undermine the Dangote Refinery and Petrochemicals.

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Leading Energy Companies Including Vitol, Africa Oil Corp, and ERHC Energy Inc will Gather in London for the Invest in African Energy Reception, Highlighting Growing Global Interest in African Oil and Gas Opportunities

Global energy companies including Vitol, Africa Oil Corp. and ERHC Energy Inc. will showcase Africa’s premier energy sector opportunities at the Invest in African Energy reception in London this week, organized by the African Energy Chamber (AEC) ( The reception serves to catalyze investor interest in Africa’s energy prospects ahead of the African Energy Week: Invest in African Energy conference in Cape Town this November, showcasing the potential of the African energy market and exploring strategies to unlock its full potential.

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