French utility Engie and Kansai Electric Power Co, Japan's second-largest utility, declared on Tuesday they have signed an accord to purchase and trade 400,000 tonnes yearly of liquefied natural gas (LNG) from 2019.
read more... 22/07/2015
Ukraine boosted by 41% natural gas imports from Slovakia’s Eustream on Tuesday, as it envisages increasing its underground storage, according to the transport monopoly Ukrtransgas.
read more... 21/07/2015
Crude futures slipped on Monday and U.S. crude declined below $50 a barrel intraday, dragged down by robust supply, expectations of more Iranian crude to export and appreciating dollar. Brent crude for September delivery declined by 45 cents to settle at $56.65 a barrel, having fluctuated between $56.33 and $57.44. U.S. August crude, set to expire on Tuesday, shed 74 cents to close at $50.15, having fallen to $49.85, its first time below $50 since April.
read more... 21/07/2015
Italy's Eni has found gas reserves of approximately 15 billion cubic metres in Egypt's Nile Delta region, with production ready to begin in two months, as stated by the Egyptian oil ministry on Monday.
read more... 21/07/2015
Norway's Statoil intends to commission in September the world's first subsea gas compression facility, a technology that could prove essential for oil companies since they aim to move offshore equipment to the seabed, away from ice and storms.
read more... 21/07/2015