Latest news
Shell, partners OK huge $31 billion LNG Canada project to shorten gas route to Asia
Royal Dutch Shell PLC and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada — the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas.
read more... 01/10/2018
Increasing consumption boosts gas transit via Slovakia
Slovak natural gas transmission system operator Eustream has been boosting the volume of gas shipped across Slovakia year after year.
read more... 28/09/2018
Daily (27.09.2018): NBP gas contracts lost around 3% on Wednesday, due to warmer weather and an oversupplied system
Oil crude prices lost momentum on Wednesday after U.S. data revealed higher-than-expected domestic crude inventories. Moreover, the U.S. officials promised investors that the oil market will not experience supply shortages and Trump has once again urged OPEC to pump more oil in his speech at the United Nations on Tuesday. Nevertheless, a substantial drop in Iranian exports kept Brent price above $80. U.S. West Texas Intermediate (WTI) crude futures plunged by 1% down, or 71 cents, to settle at $71.57 a barrel. Meanwhile, Brent crude edged 0.7% down at $81.34 a barrel.
read more... 27/09/2018
Pakistan and Russia to sign $10bn offshore pipeline deal
The Gazprom headquarters in Moscow. In a major breakthrough, Pakistan and Russia are set to sign a $10bn offshore gas pipeline deal today in Moscow, a project planned by the latter to capture the energy market of Pakistan.
read more... 27/09/2018
LNG production in Russia could reach 83 mln tonnes by 2035 — Energy Ministry
Russia can increase production of liquefied natural gas (LNG) to 83 mln tonnes by 2035 from the current 21 mln tonnes, Head of Department of Oil and Gas Production and Transportation at the Russian Energy Ministry Alexander Gladkov said at the Sakhalin Oil & Gas Conference & Exhibition.
read more... 26/09/2018