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Russia and South Korea to strengthen energy cooperation
Russia and South Korea decided to strengthen collaboration in the energy field on a wide range of domains like natural gas, electricity and renewable energy development, as stated by the South Korean Yonhap.
read more... 22/02/2018
Daily (22.02.2018): UK spot gas price surged by 4.4% on Wednesday due to colder weather and higher demand
Oil price slightly changed on Wednesday ahead of data expected to show increasing crude inventories in the United States and due to a stronger U.S dollar. Brent futures edged 0.3 percent higher to end at $65.42 a barrel. WTI crude fell by 0.2% to close at $61.68 a barrel.
read more... 22/02/2018
Total will extract gas at Azerbaijani Absheron field in early 2020
Gas extraction on the first gas well of Azerbaijan's Absheron gas field in Caspian Sea will start at the beginning of 2020, as stated by development operator Total at a public hearing on Project’s environmental impact report in Baku on February 20.
read more... 21/02/2018
Daily (19.02.2018): UK day-ahead gas price hiked by almost 3% on Friday due to colder weather forecasts
Oil prices soared on Friday backed by a rebound in global equities market and a weaker dollar. Brent crude was up 0.8 percent, to end at $64.84 per barrel. WTI futures increased by 0.6% to $61.68 per barrel.
read more... 19/02/2018
SGC project is being implemented before the plan
The Southern Gas Corridor (SGC) project is going to be implemented ahead of schedule, as stated today during a press conference in Baku by the Regional President of BP for Azerbaijan, Georgia and Turkey Gary Jones.
read more... 16/02/2018