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Daily (14.02.201): Crude oil benchmarks hit the largest percentage decline since Jan.18

Crude oil prices tumbled by about 2 percent, the lowest level since mid-January, dragged down by a stronger dollar and evidence of increasing U.S. crude output.

read more... 14/02/2017

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PetroChina expects a boost of 7% in 2017 natural gas sales on year

China's largest energy giant PetroChina targets to realize sales of 150 billion cubic meters of natural gas this year, or an increase from approximately 140 billion in 2016, state-controlled China Energy News declared on Saturday.

read more... 13/02/2017

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Polish refiner Lotos targets a long-term oil supply agreement with Iran

Poland's second-largest oil refiner Lotos is interested in obtaining a long-term supply deal with Iran once it accomplishes a new coking division at its Gdansk refinery next year, as stated by its chief executive.

read more... 13/02/2017

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Daily (13.02.2017): Oil up on OPEC landmark deal compliance

Crude oil prices closed the Friday’s session higher on evidence that OPEC members achieved more than 90 percent of output reductions under a landmark deal that took effect in January.

read more... 13/02/2017

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ScottishPower increases energy bills by 7.8%

ScottishPower has announced it will rise its standard domestic energy prices by 7.8%.

read more... 13/02/2017

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