Russia's No.2 gas producer Novatek has inked a long-term agreement with France's Engie on providing liquefied natural gas (LNG) from its future Yamal LNG project, an accord which almost finalizes the project order book.
read more... 03/06/2015
China initiated construction last week of a pipeline to obtain Russian gas, as declared by Russian state gas firm Gazprom on Tuesday.
read more... 03/06/2015
The Japan Natural Resources and Energy advisory committee, a body affiliated with Japan's industry ministry, has backed the controversial government plan for atomic energy to generate 20-22 percent of the country's electricity by 2030.
read more... 03/06/2015
Crude oil prices boosted on Tuesday, spurred by a weak dollar and expectations that U.S. crude supplies could have dropped last week for a fifth consecutive week. Brent crude oil rose by 61 cents, or 1 percent, to settle at $65.49 a barrel. U.S. crude inched $1.06 up, or 1.8 percent, to close at $61.26.
read more... 03/06/2015
Norway's Statoil declared on Monday it had extended five-fold a long-term gas sale deal with Britain's second-largest utility SSE.
read more... 02/06/2015