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Spain: Gas Natural looks for Colombia's aid to pursuit unpaid bills

Spanish energy firm Gas Natural has asked for discussions with the Colombian government on a new legal framework to permit it to recover 1.3 billion euros ($1.44 billion) in unpaid bills owed to its Colombian power business.

read more... 03/11/2016

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Daily: British spot gas prices increase on falling temperatures

Crude oil prices closed lower on Tuesday, then declined again after hours as the American Petroleum Institute (API) reported that U.S. crude inventory swelled nine times than forecasted. U.S. West Texas Intermediate (WTI) crude lost 19 cents to settle at $46.67. During the session, it fell as low as $46.20, its lowest level since September 28. After the API report, it tumbled to $46.27. Brent crude reached a one-month low at $47.72 before ending down 47 cents at $48.14. In post-settlement trade, it declined to $47.86.

read more... 02/11/2016

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Poland hurries Norway gas connection plans after EU

Poland will quicken plans to construct a gas link to Norway in reply to the EU decision last week to lift a cap on Gazprom's consumption of the Opal pipeline in Germany, a Polish government representative declared, calling the move a political one.

read more... 02/11/2016

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Norway predicts around 15 expansion plans from oil companies in 2017/2018

Oil companies are likely to submit about 15 development plans for oil and gas fields off Norway over the next two years, as stated by the manager of the Norwegian Petroleum Directorate on Monday.

read more... 01/11/2016

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Daily: UK gas prices gain on forecast for colder weather

Oil prices hit one-month lows on Monday after falling around 3 percent on uncertainties about OPEC's ability to implement its planned output reductions, with the market further influenced by expectations that the cartel had record production in October.

read more... 01/11/2016

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