Latest news
UK gas prices under pressure on new LNG tankers arrival
Gas prices for August fell by 25%, since an increase to 51 pence per therm on supply shortages was registered last week.
read more... 23/07/2010
Lukoil close to obtaining a tax reduction for Caspian Sea developments
Lukoil applied for a tax reduction for its oil exploitations in Caspian Sea from Finance Ministry of Russia. The tax cut will save Lukoil approximately $460 million for 2011.
read more... 14/07/2010
UK gas prices driven up by supply shortage
The lack of supply on British gas market is driving the price to higher levels, registering a new yearly record of 51.50 pence per therm for the day-ahead delivery.
read more... 13/07/2010
New international offshore renewable center to be built in the North Sea at Humber, UK
New offshore wind turbine manufacturing facilities are planned to be built near the UK port Humber in an area with huge potential.
read more... 12/07/2010
New offshore oil explorations for LUKOL in Black Sea
New oil sectors are available in the Romanian sector of Black Sea, where a consortium won the auction for the exploration and development of two blocks of 2,000 square kilometers, Est Rapsodia and Trident.
read more... 09/07/2010