Latest news
BBL pipeline to convey UK gas to Netherlands from 2019
The transmission of gas from Great Britain to the Netherlands via the BBL pipeline is likely to start from autumn 2019. At present, the only way to transport gas is via the pipeline from the Netherlands to the UK.
read more... 18/12/2017
The largest natural gas storage unit in the UK to close
The U.K. consented to a demand from the operators directed to close the old Rough Natural Gas Storage unit. The facility is situated in the North Sea and is the biggest one in the British state.
read more... 15/12/2017
Exxonmobil finalizes LNG purchase in Mozambique
ExxonMobil, the biggest publicly traded international oil and gas energy firm, declared that it accomplished the transaction of liquefied natural gas purchase in Mozambique’s Area 4 block.
read more... 15/12/2017
Daily (14.12.2017): Oil prices fell 1% on Wednesday due to a continued increase in US crude production
Oil prices slumped for a second consecutive day on Wednesday, as a decline in U.S. crude stockpiles was counterbalanced by a larger-than-forecast increase in gasoline inventories and as U.S. crude production continued to grow to record peaks. Brent crude ended down 1.4 percent, or 90 cents, at $62.44 a barrel. U.S. West Texas Intermediate crude settled down 54 cents at $56.60 a barrel, a 1 percent decline.
read more... 14/12/2017
Italy declares state of emergency following a gas blast in Austria
After an explosion at a main gas hub near Vienna, Europe might deal with gas shortages.
read more... 13/12/2017