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Daily: British spot prices tumble as robust flows from Norway offset blackout at gas terminal

Oil prices declined from new four-month highs in agitating trading on Wednesday after Russian oil minister Alexander Novak stated at a closed-door briefing that a deal on an oil output freeze expected to be signed this month in Doha would not yield a positive outcome. Brent crude fell 51 cents to settle at $44.18 per barrel, while U.S. crude eased 41 cents to close at $41.76.

read more... 14/04/2016

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European Commission authorized Finnish cash for LNG terminal

The European Commission on Friday consented Finland's intentions to offer 28 million euros ($31.6 million) in public funding to aid fund a liquefied natural gas terminal at Hamina, on Finland's south-east coast.

read more... 21/03/2016

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Centrica finalizes Morecambe gas terminal pipeline project

Centrica has finalized a pipeline of 1.1 km to link its South Morecambe and North Morecambe natural gas terminals in the north of England, as stated by the British energy provider on Wednesday.

read more... 10/03/2016

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Croatia might choose to construct a floating LNG terminal

Croatia could initially opt for the construction of a floating instead of land-based liquefied natural gas (LNG) terminal in the northern Adriatic to make it operational more rapidly, as stated by the government on Wednesday.

read more... 03/03/2016

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LNG supplies to Lithuania will triple, says operator

LNG supplies to Lithuania will triple to the end of September as a result of two new agreements inked by the country's Klaipeda terminal, as stated by its operator Klaipedos Nafta on Friday.

read more... 08/02/2016

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