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Price of Romanian natural gas has become 33 pct higher than import gas price, in June

The price of natural gas domestic production has increased by 33 percent as compared to that of import gas in June, according to data published by the Romanian Commodities Exchange (BRM) and analyzed by AGERPRES.

read more... 09/07/2019

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Daily (8.07.2019): NBP day-ahead jumped by 9.6% on Friday, due to outages at the Nyhamma gas plant

Oil prices reversed trend adding gains on Friday, bolstered by the rising tensions in Iran and a decision by OPEC and its allies to extend oil supply cuts until next year. Nevertheless, weak manufacturing data from around the globe limited oil gains. As a result, Brent crude climbed by 1.5% to $64.23 a barrel, while WTI futures inched up by 1.3% to $57.51 a barrel.

read more... 08/07/2019

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Equinor to sell 16% stake in Lundin Petroleum for £1.2bn

The Norwegian oil and gas giant will hold a 4.9% stake in the Swedish company while increasing its ownership in the Johan Sverdrup field.

read more... 08/07/2019

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Ukraine winter season gas reserves rise -Ukrtransgaz

Ukraine, which wants to stockpile at least 20 billion cubic metres (bcm) of gas for the 2019/20 heating season, had reserves of almost 14 bcm as of July 6, state gas transport company Ukrtransgaz said on Monday.

read more... 08/07/2019

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Equinor strikes oil at Oseberg area

Norwegian offshore oil and gas firm Equinor had said it has made a profitable oil discovery in Oseberg area in the North Sea.

read more... 05/07/2019

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