Europe deals with higher instability in natural gas prices since delayed Russian gas acquirements bounce stored reserves and curbs on Dutch output tighten supply.
read more... 11/02/2015
An Italian oil and gas giant has launched production in the Gulf of Mexico, as it stated.
read more... 22/01/2015
Brent crude oil prices slipped below $49 a barrel and U.S. crude also declined more than $1 on Monday on pessimistic global economic outlook and as Iraqi oil production hit a record.
read more... 20/01/2015
Crude oil declined 5 percent to its weakest level in nearly six years on Monday after Goldman Sachs prevented that prices would plummet further and Gulf oil producers showed no sign of slashing output. Brent slipped $2.68, or more than 5 percent, to settle at $47.43 a barrel, its third-highest one-day decline since 2011 and its lowest close since March 2009. U.S. crude decreased $2.29 to close at $46.07.
read more... 13/01/2015
Ukrainian coal output dropped by 22 percent in 2014 to 65 million tonnes after the pro-Russian separatist disagreements interrupted mining operations in the country's eastern industrial centre, as stated by deputy energy minister Yuri Zukov on Friday.
read more... 12/01/2015