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Daily: Brent crude settles up on uncertainty after Saudi king’s death
Brent crude increased on Friday supported by market uncertainty over the future Saudi oil production following the death of King Abdullah bin Abdulaziz, placing renewed focus on the kingdom’s oil policy. Meanwhile, WTI crude declined on signs of supply glut. Brent crude inched up 27 cents to close at $48.79 a barrel, while U.S. crude dropped 72 cents to settle at $45.59.
read more... 26/01/2015
EDF tries to find alternatives for $17bn distribution network RTE
French electric utility firm Electricite de France (EDF) wants to either sell stake or choose a partial offshoot of its French distribution network Reseau de Transport d’Electricite (RTE) this year.
read more... 26/01/2015
Yamal LNG inks agreement with Gazprom to vend LNG in Asia
A trading division of Russian gas producer Yamal LNG has inked a long-term supply deal with a trading division of Gazprom, under which liquefied natural gas (LNG) produced by Yamal LNG will be vended in Asia, as stated by Yamal LNG on Friday.
read more... 26/01/2015
Russia: Gazprom will construct LNG plant on the Baltic Sea
Russia's Gazprom declared on Thursday it would construct a liquefied natural gas plant with a yearly capacity of approximately 15 million tonnes on the Baltic Sea.
read more... 23/01/2015
Daily: British prompt gas prices dragged down by an oversupplied transmission network
Crude oil prices reduced earlier losses, but still closed lower on Thursday after a government report showed the largest increase in U.S. crude stockpiles in at least 14 years. U.S. crude declined 1.47$ at $46.31. Brent closed at $48.52 a barrel after dropping 51 cents.
read more... 23/01/2015