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BP inks a gas supply agreement of $10 billion with China's Huadian

Oil major BP has inked a $10 billion liquefied natural gas (LNG) supply agreement with China's Huadian electricity producer, signing the deal as part of Chinese President Xi Jinping's state visit to Britain.

read more... 22/10/2015

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The World’s 10 Biggest Oil and Gas Companies

The top 10 oil and gas companies produce over 54 million barrels per day.

read more... 21/10/2015

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UK: gas-fired power plant of 735MW will re-open

A gas-fired power station with a capacity of 735MW is likely to re-open in North Lincolnshire.

read more... 21/10/2015

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Polish and Ukrainian transmission system operators achieve feasibility study for gas link

The Polish and Ukrainian transmission system operators (TSO) – Gaz-System and Ukrtransgaz - have accomplished the feasibility study for the interconnection integrating transmission systems of both countries.

read more... 20/10/2015

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Daily: Europe spot power prices up on stronger demand, lower French nuclear capacity

Crude oil declined by about 4% on Monday, dragged down by a decrease in gasoline futures which added to pressure to a weakening market due to a slower growth in China and signs that Iranian oil will return to the market soon after the signature of its nuclear deal. The dollar appreciation and a weaker equity market on Wall Street weighed on the petroleum complex. Brent crude fell $1.85, or 3.7 percent, to settle at $48.61 a barrel. WTI crude lost $1.37, or 3 percent, to close at $45.89, in lighter volume ahead of Tuesday's expiry for November spot contract.

read more... 20/10/2015

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