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Azerbaidjan: Socar to limit gas exports in 2014
The natural gas exports of Azeri state energy company SOCAR are likely to drop from 2.84 billion cubic metres (bcm) in 2013 to 2.6 bcm in 2014 because of reduced volumes to Russia, as stated by a SOCAR official on Monday.
read more... 20/05/2014
Slovak pipeline might be ready to provide gas to Ukraine as of September
A pipeline to convey gas to Ukraine through Slovakia could be ready for draining at full capacity as of September, according to the manager of Slovakia's pipeline operator, which would facilitate the supply of some gas if Russia halts supplies.
read more... 20/05/2014
Daily: U.S. oil prices rocket on dollar depreciation, contract expiration
U.S. crude oil prices soared to about one-month highs on Monday a day before the June contract’s expiration on the back of dollar depreciation, while Brent prices slipped alongside the drop in global equities which offset the impact of low Libyan output.
read more... 20/05/2014
Eni: Norwegian Arctic project postponed again, costs increase
Italian energy firm Eni postponed again the launch of its Goliat field in the Norwegian Arctic declaring the costs would be more elevated than expected.
read more... 19/05/2014
Total: Ukraine crisis has little impact on Yamal LNG project
The tension between Russia and Ukraine would not threaten the huge Yamal LNG project in Russia, even though the company deals with several financing problems and access to some materials under embargo, according to the statement made by French oil major Total on Friday.
read more... 19/05/2014