Latest news
Daily: European spot prices decline since demand drops
Oil prices insignificantly changed in thin trade on Friday, with a prediction of higher output by U.S. shale oil producers this year adding to fears over demand and preventing the market from prolonging the prior session's gains.
read more... 19/06/2015
Shell CEO declares BG Group purchase is on course
Royal Dutch Shell's chief executive officer, Ben van Beurden, declared on Thursday the $70 billion purchase of British competitor BG Group is on track and fits into Shell's plans to raise the share of natural gas in its portfolio.
read more... 19/06/2015
Slovakia: Eustream says start of gas connection to Hungary under menace
Slovak pipeline operator Eustream declared on Thursday the commercial start of a gas interconnector between Slovakia and Hungary is under menace since the Hungarian part has not presented a segment of the pipeline.
read more... 19/06/2015
EU establishes group to expand France-Iberia energy links
The European Commission has established a working group to expand the interconnection capacity of the French and Spanish electricity and gas markets, as it declared on Monday.
read more... 16/06/2015
Daily: British prompt gas prices firm on higher demand, undersupply
Crude oil prices declined in agitated trading on Monday as the Greek debt crisis intensified concerns about demand for petroleum in Europe and as the U.N. launched talks to try to bring peace in Yemen, where Saudi Arabia, the de facto OPEC leader is engaged in a civil war. Expiring front-month Brent for July delivery lost $1.26 to settle at $62.61 a barrel. Brent for August delivery eased 69 cents to close at $63.95. WTI crude for July delivery decreased by 44 cents to settle at $59.52, after trading in a range of $58.73 to $59.98.
read more... 16/06/2015