China’s oil consumption bounced 2.5% in 2015 on strong gasoline and kerosene demand, despite a slowing economy and declining demand for other commodities such as coal and steel.
read more... 20/01/2016
EU member states on Tuesday approved a plan to invest over 200 million euros ($217 million) in cross-border energy infrastructure projects intended to aid reduce dependence on Russian gas.
read more... 20/01/2016
Royal Dutch Shell declared on Monday it had decided to ditch a multi-billion-dollar plan to develop the Bab sour gas field in Abu Dhabi, the latest major project to fall victim to the worst oil-market recession in decades.
read more... 19/01/2016
Ukraine's gas reserves have dropped by approximately 28 percent to 12.3 billion cubic metres (bcm) since the start of the heating season in mid-October, as stated by the transport monopoly Ukrtransgas on Monday.
read more... 18/01/2016
Ukrainian state energy company Naftogaz has decided to acquire 1.7 billion cubic metres (bcm) of gas from European suppliers at a price of $188-$211 per thousand cubic metres, as stated by the firm on Thursday.
read more... 15/01/2016