Latest news
Poland: PKN supplies Iran’s gas condensate for its refinery
Poland's major oil refiner PKN Orlen has supplied a gas condensate cargo of Iranian origin for its Mazeikiai refinery in Lithuania, as stated by traders on Friday.
read more... 27/04/2015
Ithaca decided to vend Norwegian operations to Hungary’s MOL
North Sea oil and gas firm Ithaca Energy has decided to vend its Norwegian business to Hungary's MOL for $60 million, as stated by the companies on Friday, marking the Hungarian firm's entrance into Norway's oil market.
read more... 24/04/2015
Romanian household gas prices will increase by 5-8% from July
Romanian gas prices will increase by 5-8 percent on average starting from July, as a result of the continuing market deregulation agreed under an IMF-led aid agreement, as declared by the head of the country's energy regulator ANRE.
read more... 24/04/2015
E.ON Global Commodities to buy LNG from Meridian
E.ON Global Commodities (EGC), the trading arm of E.ON, and Meridian LNG Holdings Corp has inked a 20-year gas sales deal.
read more... 24/04/2015
Daily: Crude oil prices hit the highest settlement in 2015 on Yemen concerns
Crude oil prices rallied by 3 percent on Thursday, touching 2015 highs, buoyed by continued tensions in the Middle East as well as by hopes for stimulus measures in China. The depreciation of dollar also supported oil prices. Brent crude hit its highest settlement of this year, climbing above $64 a barrel. U.K. North Sea Brent, a global benchmark for oil rose by $2.12, or 3.3 percent, to close at $64.85 a barrel. U.S. crude boosted $1.58, or 2.8 percent, to settle at $58.02 a barrel. Its session peak of $58.41 was a 2015 high.
read more... 24/04/2015