Latest news
Daily (06.06.2017): UK spot gas price dropped by 1.9% on oversupply
Oil prices dropped on Monday on worries that that the cutting of connections with Qatar by the most important crude exporter Saudi Arabia and other Arab states might hamper a global accord to reduce oil production.
read more... 06/06/2017
BP gives approval to $500 million gas project offshore Trinidad
BP has given the authorization for its $500 million Angelin offshore gas field development in Trinidad and Tobago to help counterbalance decreasing production in one of the company's major hubs.
read more... 05/06/2017
RWE confirms supply of first LNG from Qatargas under mid-term agreement
German utility RWE declared it had obtained its first cargo of liquefied natural gas (LNG) from Qatargas late last month under a seven-and-a-half-year agreement inked in 2016.
read more... 05/06/2017
Italy: Eni inked an $8 billion deal to develop a gas field off the coast of Mozambique
Italian energy company Eni inked an agreement valued at $8 billion on Thursday to develop the Mozambique’s Coral South field, discovered in May 2012, which contains about 450 billion cubic meters, or 16 trillion cubic feet (tcf) of gas.
read more... 02/06/2017
Daily (02.06.2017): British wholesale gas prices fell on Thursday, on lower demand
Oil prices increased on Thursday after a larger-than-expected domestic inventory drawdown, offering some relief amid investor uncertainty that OPEC-led reductions will be sufficient to rebalance an oversupplied market. Brent crude rose by 32 cents, or 0.64%, to settle at $50.63. Meanwhile, U.S. crude futures closed cents higher at $48.36 a barrel.
read more... 02/06/2017