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Daily: British gas prices drop amid low demand, LNG ample imports
U.S. crude oil futures ended nearly unchanged on Tuesday, but rebounded after the settlement trade closure after the industry group the American Petroleum Institute unveiled that crude inventories fell the previous week, challenging analysts’ expectations for an increase. Meanwhile, Brent crude prices declined on Tuesday dragged down by the restart in Libyan supply.
read more... 07/05/2014
Iran eager to supply big volumes of gas to Europe
Iran, holder of the second-largest natural gas reserves in the world, unveiled its willingness to supply natural gas to Europe, amid worries that Russia could retaliate against EU sanctions, causing a fuel disruption in Europe.
read more... 06/05/2014
Eni unveils a new offshore oil and gas discovery in the Norwegian Barents Sea
Eni, Italy’s biggest energy group, has unveiled a new offshore oil and gas discovery in the Norwegian Barents Sea, about 230 km from Hammerfest.
read more... 06/05/2014
US: $30 million to reduce emissions in oil and gas sector
The US has made known about the financial support estimated at $30 million (£17.8m) for technologies to determine methane emissions in the oil and natural gas sector in an effort to effectively slash them.
read more... 05/05/2014
Azerbaidjan: oil&gas, chemical plant to be build near Baku
Azeri state energy firm SOCAR intends to construct a huge complex processing oil, gas and petrochemicals near the capital Baku valued at $14.4 billion, which is estimated to be finished in 2023.
read more... 02/05/2014