High volatility is observed this week on world oil market.
read more... 28/05/2010
One of the major Norwegian pipelines, Langeled, is down because of a planned maintenance. The pipeline is a very important artery that ships natural gas to the UK market.
read more... 26/05/2010
French most important oil company Total and its Italian counterpart ERG Petroleum, had received UE’s permission for their merger in refining and marketing fields, which will take place in Italy.
read more... 24/05/2010
Russia Federation had massively exported gas to several European countries, through its giant gas company Gazprom, to appease the fears about losing market share to its existing rivals.
read more... 12/05/2010
Gazprom, Russian’s biggest gas supplier, intends to make modifications in its portfolio by changing its assets with those of energy sector investors, including and those of Finland's Fortum, in order to regroup all its energy units in one big utility.
read more... 30/04/2010