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Finland: liberalisation of its gas market expected by 2020
Finland intends to progressively liberalise its wholesale and retail gas markets by 2020 amid plans to connect its gas system with the Baltic states, cutting its reliance on Russian imports, as stated by the economy ministry on Thursday.
read more... 22/01/2016
Statoil in negotiations to supply LNG to Lithuania's Achema
Statoil is in the final stages of negotiations to supply liquefied natural gas (LNG) to Lithuanian fertiliser producer Achema, the Baltic state's largest gas consumer, as declared by the Norwegian oil and gas firm on Wednesday.
read more... 22/01/2016
Linde wins major order from Gazprom to build gas processing plants
German industrial-gases conglomerate Linde won a significant order from Russia's Gazprom to construct natural-gas processing plants in the far east of Russia.
read more... 22/01/2016
Daily: Crude oil rebounds from 12-year lows on equities hike, short covering
Crude oil prices rebounded over $1 a barrel from 12-year lows on Thursday, posting their largest gain this year, as firmer financial markets gave traders reason to take profits on record short positions. Benchmark Brent futures for March delivery rose by $1.37 to settle at $29.25 a barrel, a 4.9 percent gain. U.S. crude climbed $1.18 or 4.2 percent to close at $29.53 per barrel. Brent boosted as much as 7 percent during the session to $29.84, while WTI increased as much as 6.7 percent to hit $30.25.
read more... 22/01/2016
Germany must set out an ambitious plan for coal exit
Germany has to fast-track the country’s coal exit, according to a call by Environment Minister Barbara Hendricks.
read more... 21/01/2016