Latest news
Turkish Stream pipeline to be realized
The Turkish Stream pipeline project, which foresees Russian gas supply to Turkey through the Black Sea, will be realized. The Turkish Stream pipeline, which is to run via Turkey to Greece, was designed to replace South Stream, a pipeline from Russia to Bulgaria.
read more... 31/08/2016
Daily: British gas prices down on strong domestic supply
Oil prices declined on Tuesday, with Brent decreasing about 2 percent following the dollar's recovery and worries over an oversupplied market situation amid forecast for higher U.S crude stockpiles. According to the latest statements, Iran is close to reach peak production. Brent crude futures decreased to $48.37 per barrel, down by 89 cents, or 1.8 percent, while U.S. West Texas Intermediate (WTI) crude futures settled at $46.35, down by 63 cents, or 1.3 percent.
read more... 31/08/2016
Daily: UK prompt gas prices fell on Friday due to an oversupplied system
On Friday, oil prices remained generally unchanged in a volatile session, as traders responded to comments from Fed Chair Janet Yellen and rumors of missile activity in Saudi Arabia. Brent crude futures increased by 25 cents or 0.5 percent arriving at $49.92, while U.S. crude oil prices ended the session at $47.64 up 31 cents.
read more... 29/08/2016
Norway hopes to maintain good relationship with UK
Norway is relying on its huge exports of natural gas to the U.K. to offer it an advantage in talks since Britain strives to leave the European Union.
read more... 26/08/2016
Rasgas supplies first LNG to Italy's Toscana terminal
Qatar's RasGas supplied its first cargo of liquefied natural gas (LNG) to Italy's Toscana floating storage regasification unit (FSRU) on Tuesday, as stated by the company.
read more... 25/08/2016