Latest news
Norway's Kollsnes still operating at limited gas production capacity
Norway's Kollsnes gas production capacity remains at its lower level for a few more days, due to maintenance works which might be longer than expected, according to Gassco operator.
read more... 18/10/2010
Russia will spend more than $400bln in gas sector investment
Russia is ready to invest $493 billion in its gas sector, in order to increase the gas production to one trillion cubic meters per year from 650 bcm per year by 2030, according to Gazprom CEO Alexei Miller.
read more... 13/10/2010
Daily Market Update, Tuesday, Octobre 12.2010
Oil price was down for the second day on Tuesday as OPEC decided to let the oil market to focus on stronger dollar and to maintain oil current production levels. At 06:32 GMT, U.S. crude for November decreased at $81.43 per barrel, while ICE Brent dropped by $0.75 arriving at $82.97 per barrel.
read more... 13/10/2010
Argentina builds second LNG port.
Argentina decided to build its second Liquefied Natural Gas (LNG) port, therefore to double its import capacity, as it’s seeing growing demand and decreasing production. The deal has been made between Excelerate Energy and Argentina's state-owned utility Enarsa.
read more... 04/10/2010
Exxon started extracting Russian oil.
Oil production has begun from the Odoptu field at the Sakhalin-1 project in offshore northeastern Russia, on schedule and within the projected costs. It is expected to add up to 11 million barrels to oil production in 2011
read more... 01/10/2010