Russia's leading gas producer Gazprom is envisaging gas condensate exports from its Sakhalin offshore group of Kirinskoye oil, gas and condensate fields, as stated on Wednesday by Viktor Timoshilov, an official at the state-owned company.
read more... 24/09/2014
French President Francois Hollande made known on Tuesday that France will offer $1 billion to a practically empty global fund to aid poor nations get used to the consequences of climate change as he spoke to the United Nation's summit on climate change.
read more... 24/09/2014
Crude oil futures dropped on Monday as plentiful supply and declining economic growth in Europe and China eclipsed expectations of a reduction in oil production from the Organization of the Petroleum Exporting Countries (OPEC). Brent crude for November delivery eased $1.42 to close at $96.97 a barrel, having slipped $2.01 intraday to $96.38. The WTI October crude contract slipped 89 cents to settle at $91.52 a barrel and, down for a fourth consecutive session, while U.S. November crude closed at $90.87, down 78 cents.
read more... 23/09/2014
Asian firms will substitute Western majors if they leave energy projects in Russia because of sanctions over Moscow's role in Ukraine, as stated by Natural Resources Minister Sergei Donskoi.
read more... 23/09/2014
Germany's European Energy Exchange (EEX) intends to take over French equal Powernext, according to a demand filed with the German competition regulator, in a move that could permit them to compete Britain as the region's foremost gas trading hub.
read more... 23/09/2014