Latest news
Poland estimates first LNG shipping to Baltic Sea terminal in autumn
Poland's recently selected treasury minister Andrzej Czerwinski declared on Wednesday that first deliveries of liquefied natural gas (LNG) to the terminal at the Baltic Sea will probably come in autumn.
read more... 18/06/2015
Gazprom declares Hyundai will construct floating LNG terminal in Russia
South Korea's Hyundai Heavy Industries will construct a floating liquefied natural gas terminal for $295 million in the western Russian city of Kaliningrad, as mentioned by Interfax news agency citing state natural gas producer Gazprom on Thursday.
read more... 04/05/2015
Daily: Crude oil prices rocket to 2015 high on Yemen turmoil
Crude oil prices soared to new 2015 peaks on Thursday, buoyed by news that tribal group made up of former Al Qaeda militants seized control of a major southern oil terminal in Yemen. Brent crude for June delivery boosted 66 cents to settle at $63.98 a barrel, rebounding from a $62.00 low and hitting a 2015 peak for front-month Brent of $64.95. WTI crude for May delivery climbed 32 cents to settle at $56.71, hitting a 2015 high of $57.42 after recovering from a $55.07 intraday low.
read more... 17/04/2015
Lithuania thinks about re-exporting LNG since Russian gas becomes cheaper
Lithuania is envisaging to permit its liquefied natural gas import terminal to re-export LNG to global markets during summer when local demand drops, as stated by the facility's operator on Monday.
read more... 15/04/2015
Italy’s Saipem requires more funding to accomplish Poland’s LNG terminal
Italian company Saipem will conclude the postponed construction of Poland's liquefied natural gas (LNG) terminal this summer, but only if it obtains additional payment, as stated by Polish daily Rzeczpospolita, citing Saipem's representative.
read more... 01/04/2015