Latest news
Gazprom agreed to cut gas prices for some European customers
Russia's largest energy giant, Gazprom declared on Monday its intention to lower gas prices for some of its European customers. Decreased demand and lower prices on the spot market are the main reasons for the lowering prices for long-term supply contracts.
read more... 16/02/2011
A new oil auction in Iraq
Iraqi head of Petroleum Contracts and Licensing Directorate, Mahdi Al Ameedi, said that Iraq plans a fourth licensing auction that will grant international companies a number of oil and gas exploration contracts, reported Gulf News. Ameedi did not mention how many oil and gas fields would be included in the auction.
read more... 10/01/2011
Czech power group CEZ to sell 300 MW contracts annually.
Czech power group CEZ is in negotiations for long-term contracts with investment banks concerning the pre-sale of its electricity output coming from coal-fired power plants.
read more... 19/11/2010
Daily Energy Market Overview 09.01.2010
US High fuel stocks data made oil slip back below $75 mark. US October contracts were traded at $74.68 per barrel, while ICE Brent fell 34 cents at $76.31.
read more... 01/09/2010
Gas prices in Britain dropped because of the delay of Transitgas
Gas prices in Britain dropped after the aggressive selling of the contracts, according to the traders, and because of the weak demand in the nearby markets, since the news release about the delay of the Swiss-Italian connection Transitgas until the end of 2010.
read more... 26/08/2010