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OMV closes divestment of Samsun power plant

Austria's OMV said that it closed the sale of MV Samsun Elektrik Uretim Sanayi ve Ticaret AS, (OMV Samsun Electric Production, Industry and Trade) - a natural gas combined cycle plant located in the Samsun province in Turkey's Black Sea region to Turkish Bilgin Enerji.

read more... 07/09/2018

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China eyes to increase gas supplies from Russia, Kazakhstan

China intends to increase natural gas supplies from Russia and Kazakhstan in the near future, China News Service reported citing a representative of the National Energy Administration of China.

read more... 06/09/2018

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Pipelaying for Nord Stream 2 starts in Gulf of Finland

Pipelaying for the Nord Stream 2 gas pipeline project started on Wednesday in the Gulf of Finland, according to an announcement from developer Nord Stream 2 AG.

read more... 06/09/2018

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Daily (05.09.2018): The UK gas contract for October delivery gained 1.4%, due to an undersupplied system

Oil crude prices fluctuated during the day on Tuesday, as a tropical storm hit the U.S. Gulf coast, while countries of the Pacific region decided to continue procurement of Iranian crude, despite U.S. sanctions. Brent crude price edged slightly higher at $78.17 a barrel, but gains were capped by a stronger dollar. WTI crude price edged 0.3% lower to $69.87 a barrel, due to a rise in crude inventories at Cushing, Oklahoma.

read more... 05/09/2018

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Hungary set to begin buying Croatian LNG from 2019

Thanks to the LNG terminal on the island of Croatian island of Krk, Hungary could be importing gas from its southern neighbour by the end of 2019.

read more... 05/09/2018

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