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ConocoPhillips to sell UK oil and gas business for $2.68bn

US energy giant ConocoPhillips is selling its oil and gas business in the UK to Chrysaor Holdings in a deal worth $2.68 billion (£2bn).

read more... 19/04/2019

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Daily (18.04.2019): EU carbon prices climbed by 1.7% on Wednesday, amidst tighter supply and bullish gas prices

Crude oil prices edged lower on Wednesday, as EIA announced that U.S. crude stocks fell less than anticipated. Meanwhile, OPEC supply cuts and U.S sanctions limited losses. As a result. Brent crude slipped by 0.1% to $71.62 a barrel, while WTI futures traded 0.5% lower at $63.76 a barrel.

read more... 18/04/2019

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Serbia begins building TurkStream pipeline section

Serbia has started construction of its section of the TurkStream pipeline to carry Russian natural gas to Europe, the country's Foreign Minister Ivica Dacic said Wednesday.

read more... 18/04/2019

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DEPA sells gas to Bulgaria at 16 pct less

Public Gas Corporation (DEPA) of Greece has sold natural gas to Bulgaria at a price 10 percent below the Bulgarian regulated rate and 16 percent below the rate offered to its major clients in Greece, thereby subsidizing industry in the neighboring country.

read more... 18/04/2019

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Polish LNG terminal receives 56th cargo

Polish liquefied natural gas import facility the President Lech Kaczyński terminal in Świnoujście received the 56 cargo on Tuesday.

read more... 17/04/2019

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