Crude oil prices edged higher on Tuesday, supported by an improved US economic stimulus plan. Despite concerns regarding demand for black gold, Brent oil gained 0.5% at $51.09 a barrel, while WTI crude ended 0.8% higher at $48.00 a barrel.
read more... 30/12/2020
The Russia-led Nord Stream 2 consortium said on Monday it has completed laying pipes for the project in German waters, finishing work on a 2.6 kilometre-long portion of the pipeline, which had been stalled by the threat of U.S. sanctions.
read more... 29/12/2020
China has taken measures to secure natural gas, electricity and coal supplies ahead of another expected cold snap in coming days, the country's top policy planner, the National Development and Reform Commission, said in a Dec. 28 press conference, according to a transcript on its website.
read more... 29/12/2020
The U.S. government is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work that could help build the pipeline.
read more... 28/12/2020
UK energy regulator Ofgem has approved system operator National Grid's proposal to change the way its gas revenues are calculated going forwards.
read more... 24/12/2020