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
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
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
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
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