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Daily: British gas prices increase on tight flows from Norway
Brent crude plunged, hitting a new 14-month low during Tuesday's session as the forecasts of stronger Iraqi and Libyan oil supplies weighed on the market. Brent crude oil for delivery in October declined 4 cents to hit at $101.56 a barrel, after slipping to $101.07, the lowest level since June 2013. WTI crude oil fell nearly $2 on Tuesday, falling for a second consecutive day as a rush of selling ahead of the session settlement dragged the contract to its lowest price since January. U.S. crude for September delivery tumbled abruptly a day ahead of its contract expiration, touching a session low of $94.27, its weakest level in seven months, before paring losses to settle at $94.48 a barrel, down $1.93.
read more... 20/08/2014
Statoil shuts production at Sleipner A platform following a gas alarm
Norwegian energy company Statoil has shut production at its Sleipner A platform in the North Sea following a gas alarm, as mentioned in the Stavanger Aftenblad newspaper on Saturday, citing a spokesman for the firm.
read more... 19/08/2014
Italy: Eni’s wholesale gas market share investigated by antitrust agency
Italy's competition watchdog mentioned it was examining if oil and gas conglomerate Eni controlled a larger share of the domestic wholesale gas market between April 2013 and March 2014 than the 54 percent level it had affirmed.
read more... 19/08/2014
Ukraine launches test imports on gas connection from Slovakia
Ukraine has started test imports of gas from Slovakia through an improved pipeline, as stated on Saturday by the chief of Ukrainian state-owned gas company Naftogaz, since the country is struggling to reduce energy dependence on Russia.
read more... 18/08/2014
Daily: British natural gas prices increase on nuclear plant outages, weak power output
Crude oil prices dropped more than $2 a barrel on both sides of the Atlantic on Thursday, dragged down by bearish economic data insinuating weakening oil demand and solid supplies. Brent crude for delivery in September closed down $2.27 at $102.01 after plunging to a low of $101.92, the lowest level since July 2013. Brent crude for October delivery fell $2.99 to settle at $102.07.
read more... 15/08/2014