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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

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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

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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

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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

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EU policymakers think about doubling gas storage obligation

The European Commission is thinking about a suggestion to double the quantity of gas EU member states must keep in storage as part of strategies to enhance supply security due to the Ukraine crisis, as stated by Europe's energy chief on Friday.

read more... 19/05/2014

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