Latest news

Daily: European coal prices fall to a fresh low on warm weather in Europe

Brent crude increased on Thursday, spurred by weak output in Libya and crisis in Ukraine, while WTI crude prices boosted on a considerable drawdown in gasoline that offset an increase in overall crude stocks.

read more... 30/05/2014

news

Daily: British gas prices decreased due to higher supplies from Norway

Brent futures slightly increased on Thursday, holding near $110 a barrel amid expectations of higher demand from top oil consumer the United States since a sharp decline in the country's gasoline stocks added to latest data leading to a stronger economy.

read more... 29/05/2014

news

E.ON and Rasgas sign LNG supply agreement into UK

Britain might obtain more liquefied natural gas (LNG) from the world's major producer Qatar under an agreement inked by utility E.ON on Wednesday, highlighting increasing reliance on the Gulf State since native North Sea reserves disappear.

read more... 29/05/2014

news

Russia’s Stroitransgaz to construct South Stream traversing Bulgaria

Russian natural gas exporter Gazprom stated on Tuesday it had chosen a conglomerate run by Russia's Stroitransgaz to extend the South Stream pipeline across Bulgaria at an estimated cost of over 3 billion euros ($4.10 billion).

read more... 28/05/2014

news

A conglomerate run by BP awards a contract of $375 million for Shah Deniz gas project

A conglomerate run by BP and the South Caucasus Pipeline Company has awarded a contract for pipeline construction estimated at $735 million to a consortium of companies to facilitate the expansion of the Shah Deniz II gas project in Azerbaijan which gives Europe a possibility to diminish dependence on Russian gas.

read more... 27/05/2014

news