Oil slightly increased on Monday, mainly due to speculative traders, forecasts of lower U.S. inventories and news that Saudi Arabia will lower volumes of crude to some Asian buyers in July while deepening cuts to the United States.
read more... 13/06/2017
Norwegian oil and gas companies draw a wage agreement with employees on Saturday, ending the possible strike at five oil fields.
read more... 12/06/2017
Crude oil fell for a second consecutive day on Thursday to hit a one-month low after an unexpected increase in U.S. inventories and on growing concerns over an oversupplied market following a rebound in oil production in Libya and Nigeria, which are exempt from OPEC's production cuts.
read more... 09/06/2017
Gazprom and Shell have decided to set up a joint venture for a Liquefied Natural Gas (LNG) plant.
read more... 08/06/2017
Poland's Gaz-System declared on Tuesday that the total CAPEX linked to the construction of the new gas pipeline to Denmark, known as the Baltic Pipe, is expected at 1.6 billion-2.1 billion euros ($2.36 billion).
read more... 07/06/2017