British utility Centrica's gas import agreement for 8 billion cubic meters annually from Dutch firm GasTerra will expire at the end of 2016, as stated by a Centrica spokesman on Monday.
read more... 11/10/2016
The British government granted one of two Cuadrilla shale gas fracking permits on Thursday, allowing to perform hydraulic fracturing in northern England despite community oppositions.
read more... 10/10/2016
Crude oil prices declined about 1 percent on Friday as investors took some profits after a good week in a context of persistent questions about the attitude of OPEC and Russia. Brent crude lost 58 cents, or 1.1 percent, to settle at $51.93 a barrel. U.S. West Texas Intermediate (WTI) crude declined 63 cents, or 1.3 percent, to close at $49.81.
read more... 10/10/2016
U.S. oil futures hit more than $50 per barrel on Friday since the entire crude forward curve rose to that level in a sign that financial markets have growing confidence in the sector.
read more... 07/10/2016
Yesterday, the Bulgarian Energy Minister has met its Greek counterpart, to talk about the development of a natural gas pipeline between the two countries. Discussions were concentrated mainly on plans to build a floating liquefied natural gas (LNG) terminal, off the coast of northern Greece, in Alexandroupolis.
read more... 06/10/2016