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Ukrainian Naftogaz to cut gas prices for industry by almost 8% from June 1
According to UNIAN, Naftogaz of Ukraine will cut the minimum prices of natural gas for industrial consumers from June 1, 2019, by 7.9%, from UAH 7,558 ($287) per 1,000 cu m in May 2019 to UAH 6,963.6 ($264).
read more... 28/05/2019
Novatek Signs LNG MoU with Vietnam
Novatek announced signing a Memorandum of Understanding with the Ninh Thuan Provincial People’s Committee to develop an integrated energy-generating project with the use of liquefied natural gas in Vietnam.
read more... 24/05/2019
Shell begins production from Appomattox oil and gas field in Gulf of Mexico
The Appomattox field, which is located approximately 128km southeast of Louisiana in the deep-water Gulf of Mexico, has commenced production
read more... 24/05/2019
Daily (23.05.2019): European carbon prices spiked by nearly 4% on Wednesday, on looming tight supply and higher gas prices
Crude oil prices dropped on Wednesday, after data showed that U.S. crude inventories surged unexpectedly amplifying concerns over a weaker oil demand raised by the lengthy U.S.-China tariff dispute. WTI futures closed 2.7% lower at 61.42 USD/bbl, in tandem with falling equities. On the other side, rising tensions between Washington and Iran coupled with OPEC’s intentions to continue output cuts helped limit the fall in prices. As a result, Brent crude price dropped by 1.7% to 70.99 USD/bbl.
read more... 23/05/2019
Bulgaria, Greece start construction of gas pipeline from Azerbaijan
Sofia and Athens are launching the construction of a pipeline to transport gas from Azerbaijan to Bulgaria, AP said.
read more... 23/05/2019