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Norway's Aker BP starts production at Valhall Flank West

Oil and gas firm Aker BP has started production at its Valhall Flank West unmanned installation in the North Sea-based Valhall field, the Norwegian company said on Tuesday.

read more... 17/12/2019

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More than 130 LNG bunkering operations registered in Spain this year

A total of nine ferries and two cruise ships powered by liquified natural gas (LNG) will soon be operational in the country, two of the segments that heavily invested in the fuel.

read more... 16/12/2019

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Daily (13.12.2019): British forward gas prices jumped by around 5% on Thursday following Trump’s comments related to a deal with China

Oil futures settled higher on Thursday, buoyed by the news that the U.S. and China were close to ink a deal on the ongoing trade war. However, the oil’s increase was due to a combination of macro factors: China, OPEC cuts, easy U.S. monetary policy. Brent for February delivery rose 48 cents, or 0.8% to settle at $64.20 a barrel on ICE Futures Europe Exchange. WTI crude for January ended at $59.18 per barrel, reflecting a 0.7% gain.

read more... 13/12/2019

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Daily (12.12.2019): Brent crude down 1% on Wednesday following an unexpected increase in crude inventories

Oil futures ended lower on Wednesday after U.S. government data indicated a surprise increase in domestic supply in crude oil, as well as important gains in gasoline and distillate inventories. Brent crude for February delivery slipped by 62 cents, or around 1% to settle at $63.72 a barrel. WTI crude for January delivery declined 48 cents, or 0.8%, to close at $58.76 a barrel.

read more... 12/12/2019

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Botas issues large tender for 30 LNG cargoes

Turkish oil and gas pipeline operator Botas is reportedly seeking 30 liquefied natural gas (LNG) cargoes for delivery over December 2019 to March 2020.

read more... 12/12/2019

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