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Daily: European prompt power prices dragged down by warmer weather
Crude oil futures traded higher in Thursday, backed by optimistic U.S. economic data, an increase in U.S. gasoline futures and a strike at oil ports in France that blocked the oil hub Fos-Lavera, slashing supplies. Meanwhile, Brent crude traded nearly $1 higher above $107 a barrel, having hit a high of $107.30 earlier in the session following the ECB comments. U.S. crude rose 46 cents at $97.84 a barrel after increasing as high as $98.83.
read more... 07/02/2014
Gazprom remains the leading natural gas provider in Turkey
Russian energy giant Gazprom is the top provider of natural gas to Turkey, after the energy-hungry Turkey imported more than half of its gas needs from the Russian company last year.
read more... 04/02/2014
China increased its imports of natural gas in 2013
China’s natural gas imports have been boosted in latest years as a result of growing demand, since the country is trying to decrease its fossil fuel consumption and improve air quality. China saw its total volumes of imported natural gas increasing by 25 % year on year in 2013.
read more... 04/02/2014
Cuadrilla boss: UK needs at least five years and up to 40 fracking wells to assess shale gas potential
UK shale gas industry will need at least five years and up to 40 fracking wells to be drilled in order to assess its potential, according to Lord Browne, the chairman of Cuadrilla company.
read more... 03/02/2014
Daily: British gas prices near winter lows amid weak demand, ample supplies
Brent crude oil registered a slight increase, buoyed by supply concerns in Middle East, as the Syrian civil war has impeded development of Iraq's oil and gas reserves and a key pipeline to the Mediterranean has exploded dozens of times. Brent oil increased 44 cents to settle at $107.85 per barrel.
read more... 30/01/2014