Latest news
Daily: Crude oil rallied on stockpiles expectations, fresh tensions in Ukraine
Crude oil prices rallied on Tuesday, with WTI increasing ahead of weekly stockpiles reports expected to point out a decline in gasoline stocks, while Brent was spurred by new conflicts in eastern Ukraine which intensified tensions between Russia and West.
read more... 09/04/2014
Lebanon: gas licensing round to be closed in 4 months
Lebanon anticipates ending its first licensing round for offshore gas exploration regions in almost four months after prevailing over a legislative barrier by the end of April, as stated by the energy minister on Monday.
read more... 08/04/2014
BG Group transferred worldwide LNG, oil trading headquarters to Singapore
BG Group has transferred its headquarters for worldwide oil and liquefied natural gas (LNG) trading from the United Kingdom to Singapore in order to be nearer to clients in the emergent Asian region, as stated by the company on Monday.
read more... 07/04/2014
Gazprom will honor gas agreements with Germany
Gazprom will keep contractual obligations towards Germany relative to gas supply, even though Berlin backs stricter sanctions to dissuade Moscow from more destabilization of Ukraine, according to the declaration of the Russian exporter in a newspaper.
read more... 07/04/2014
Russia: 80% increase in gas prices for Ukraine
The gas price imposed by Russia for Ukraine has almost double in three days, putting pressure on its neighbor on the point of economic failure in the crisis over Crimea.
read more... 04/04/2014