Latest news
German gas TSOs plan Polish, Russian capacity upgrades
Several gas transmission system operators (TSOs) plan to convert German interruptible entry capacity into firm capacity at the German-Polish border and on entry from Russian state-controlled Gazprom's Nord Stream and planned Nord Stream 2 pipelines.
read more... 12/08/2020
Daily (07.08.2020): British forward gas prices gained momentum on Thursday, driven by lower Russian flows and stronger US gas prices
Crude oil prices slipped below five-month highs on Thursday, on renewed concerns of global fuel demand due to the coronavirus pandemic. This decrease, however, was tempered by Iraq’s intention to make an additional cut in its oil production. In this context, Brent crude edged 0.2% lower at $45.09 a barrel. Similarly, WTI futures settled 0.6% down at $41.95 a barrel.
read more... 07/08/2020
Russia Seeks Additional $1.9 Billion In Taxes From Oil & Gas
Russia’s finance ministry is looking to raise as much as US$1.93 billion (143 billion Russia rubles) in taxes from the oil industry over the next two years, as the oil price crash has shrunk Russia’s key revenue stream—oil.
read more... 04/08/2020
Daily (03.08.2020): NBP spot climbed by 5% on Friday, due to higher gas-for-power demand
Crude oil prices inched higher on Friday, stimulated by a weaker dollar and record high oil supply cuts by US in May. Consequently, Brent crude rose by 1.2% to $43.75 a barrel, while WTI futures increased by 0.6% to $41.27 a barrel.
read more... 03/08/2020
Gazprom Neft joins the international LNG-bunkering community
Gazprom Neft has become the 1st oil company in Russia to join the Society for Gas as a Marine Fuel (SGMF), through its Gazpromneft Marine Bunker subsidiary Gazpromneft Shipping, operator of the Gazpromneft Marine Bunker fleet.
read more... 31/07/2020