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Eni plans first oil and gas from giant Cote d'Ivoire find as early as 2023 as more blocks put on offer
Italian energy major Eni plans to start oil and gas production from the giant Baleine discovery offshore Cote d'Ivoire as early as 2023 as the country put 32 more blocks up for offer to investors.
read more... 12/11/2021
Daily (11.11.2021): Gas markets extended losses on Wednesday, weighed by improved gas supply from Russia
Crude oil prices declined sharply on Wednesday, as the EIA announced a further increase in US crude inventories. As such, Brent oil lost 2.5% at $82.64 a barrel and WTI crude dropped by 3.3% to $81.34 a barrel.
read more... 11/11/2021
Daily (09.11.2021): British gas prices continued to gain ground on Monday as relatively low flows from Russia erased hopes of supply increase
Crude oil prices continued to climb on Monday, primarily following the decision from OPEC to hold back on production despite calls for increased output. The passage of a $1 trillion U.S. infrastructure spending package and news that Saudi Arabia lifted prices for crude exports lent further support to crude prices.
read more... 09/11/2021
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Russian Yamal gas flows into Germany remain eastbound again for 2nd day
Gas flows on the Yamal-Europe pipeline between Russia and Germany were flowing eastbound for the second day running on Sunday, data on German transmission company Gascade’s website showed.
read more... 08/11/2021
Daily (05.11.2021): British near-term gas prices dropped sharply on Thursday after resumption of Russian gas flows to Germany through Yamal
Oil prices fell on Thursday, reversing earlier gains in a volatile session following news that Saudi Arabia's oil output will soon exceed 10 million barrels per day for the first time since the COVID-19 pandemic began. Hence, Brent crude decreased by 1.8% to settle at $80.54 a barrel, the lowest level since October 1. At the same time, U.S. WTI crude fell by 2.5%, to settle at $78.81 a barrel, the lowest level since October 7.
read more... 05/11/2021