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TANAP completed by 94% - SOCAR Turkey Enerji

Work on construction of the Trans-Anatolian gas pipeline (TANAP) has been completed by 94 percent, SOCAR Turkey Enerji head Zaur Gahramanov told reporters on May 29.

read more... 30/05/2018

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Mozambique plans to sign gas agreement with Rosneft, ExxonMobil by yearend

Mozambique plans to sign an agreement with Rosneft and ExxonMobil on gas field exploration in the north of the country by the end of 2018, Foreign Minister of Mozambique Jose Pacheco said following the talks with Russian top diplomat Sergey Lavrov on Monday.

read more... 29/05/2018

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Daily (28.05.2018): UK day-ahead gas price dropped by 5.6% on Friday due to warmer weather forecasts.

Oil prices fell on Friday as Saudi Arabia and Russia discussed about the possibility to reduce production cuts that have boosted prices to their highest levels since 2014. Brent crude lost $2.35, or 3%, to close at $76.44 a barrel. WTI futures ended $2.83, or 4%, lower at $67.88 a barrel.

read more... 28/05/2018

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Turkey, Russia ink pipeline agreement, end gas dispute

Turkey and Russia have reached a retroactive agreement for a 10.25 percent discount on the natural gas Ankara buys from Moscow, Energy and Natural Resources Minister Berat Albayrak said Saturday.

read more... 28/05/2018

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France's Total takes stake in Russia's Arctic gas project

French energy major Total will buy a 10 percent stake in a Russian Arctic gas project under a deal struck during Emmanuel Macron’s visit to Russia, and showing the Kremlin’s ability to find foreign partners despite Western sanctions.

read more... 25/05/2018

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