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Total, Goldman Sachs: Oil and gas prices likely to fall further in 2016
The oil prices are not likely to recover in 2016, according to declarations made by France’s Total and Goldman Sachs at a time when Brent crude plunged below $42/barrel following OPEC 168th meeting which did not yielded any production cuts.
read more... 09/12/2015
The United States of.. Gas & Oil are 73% cheaper than EU
We've been talking about it for months, crude oil is not performing as every oil tycoon and trader would wish to and if we take into analysis the average value year on year, the Brent is about to close 2015 with a strong decline of about 44.8% compared to 2014, average price as of today is about 54.8 $/bbl , touching lows not familiar even during early post 2008-2009 financial crisis. The average price in 2009 was 62.69 $/bbl.
read more... 08/12/2015
Eni and Anadarko cooperate on Mozambique gas projects
Italy's Eni and Anadarko Petroleum decided to begin development of neighboring Mozambique offshore gas fields since the East African country struggles to turn into a major global supplier of liquefied natural gas (LNG).
read more... 04/12/2015
Ukraine gas reserves declined by 5.1 pct since start of heating season
Ukraine's gas reserves have decreased by approximately 5.1 percent to 16.1 billion cubic metres (bcm) since the start of the heating season in mid-October, transport monopoly Ukrtransgas declared on Thursday.
read more... 04/12/2015
Turkey to reduce LPG imports from Russia
Turkey is preparing to slash imports of liquefied petroleum gas (LPG) from Russia by a significant 25% next year, decision triggered by cooling arising in ties between Ankara and Moscow following the downing of a Russian jet.
read more... 03/12/2015