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Daily: British prompt gas prices edge up on weaker supply from Norway, cooler weather
WTI crude oil futures declined over 1 percent on Wednesday after an unexpected increase in inventories, while gasoline jumped on bets for strong fuel demand during the peak summer driving season. Brent rose 20 cents, or 0.4 percent, to settle at $57.05. U.S. crude's front-month contract fell 68 cents, or 1.3 percent, to close at $51.65 a barrel. It had slipped on Tuesday to touch $50.58, its weakest level since April 8.
read more... 09/07/2015
Russia’s Gazprom abandons Saipem agreement on the Black Sea gas pipeline
Russia's Gazprom has cancelled a deal with Italian oil services conglomerate Saipem to construct the first connection of a gas pipeline under the Black Sea, as stated by the Russian state gas firm on Wednesday.
read more... 09/07/2015
Egypt inks energy import agreement with Russia’s Rosneft
Egypt and Russia's major oil producer Rosneft have inked two initial agreements for the delivery of petroleum products and liquefied natural gas to Cairo, as stated by the two sides on Tuesday.
read more... 08/07/2015
Austria files a legal challenge against Hinkley C nuclear power station in the UK
Austria, the non-nuclear nation, has filed a legal challenge at the European Court of Justice against £17.6bn EU-granted state subsidies for a new nuclear power plant in Britain, according to government officials.
read more... 08/07/2015
Gazprom discusses with BASF about Nord Stream 2 participation
Russian gas giant Gazprom declared it had discussed with BASF the opportunity of the German company to take part in its Nord Stream 2 gas pipeline project.
read more... 08/07/2015