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Daily: Brent, U.S. crude oil trade higher on geopolitical worries in Ukraine, unrests in Libya

Brent and U.S. crude futures traded higher on Friday, buoyed by geopolitical worries in Ukraine and civilian unrests in Libya, as well as by upbeat economic figures in the United States and China. Both Brent and U.S. crude registered weekly gains for a second consecutive week.

read more... 26/05/2014

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Gazprom division and Novatek sign agreement on Yamal gas supply

Gazprom's trading division GMT signed an agreement on Friday with Russia's second-major gas producer Novatek to purchase 3 million tonnes of liquefied natural gas per year from the Yamal project.

read more... 26/05/2014

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Italy: Ansaldo Energia to acquire British nuclear decommissioning company Nes

Italian power engineering firm Ansaldo Energia, controlled by the state, has consented to purchase British nuclear decommissioning company Nuclear Engineering Services (NES) for approximately 36 million euros ($49 million), as stated by Italy's state fund FSI.

read more... 23/05/2014

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EU carbon prices may possibly increase to 9 euros/tonne by 2020

European carbon prices are likely to raise by minimum 40 percent from current level of 5.38 euros to over 9 euros ($12.29) a tonne in 2020, as stated by about 70% of the 523 respondents asked in a survey by Thomson Reuters Point Carbon.

read more... 23/05/2014

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Argentina purchases LNG from Vitol, Gazprom and Excelerate Energy

Argentina will receive liquefied natural gas (LNG) cargoes from Houston-based Excelerate Energy, Swiss trader Vitol and Russia's Gazprom Marketing and Trading over the next months, according to trade sources.

read more... 23/05/2014

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