Spanish gas giant Repsol announced it performed a significant discovery in Algeria at the Sud-Est Illizi block, near the border with Libya, being the second discovery since last November.
read more... 12/04/2013
Stating to Ukrtransgas, the Ukrainian gas transit state monopoly, Ukraine has more than doubled its gas imports from Europe to about 5 million cubic meters per day, which means that the current amount is two and a half times more than previous amount of two million cubic meters per day.
read more... 11/04/2013
Brent crude oil futures dropped on Wednesday, pulled down by a steep sell-off in U.S. gasoline futures after a U.S. government report indicated a surprisingly build in domestic gasoline inventories, while a strong U.S. equities market brought oil prices some support. Meanwhile, U.S. crude oil prices moved independently and posted a gain on the day, at one point gaining more than 60 cents from Tuesday's close.
read more... 11/04/2013
Russia’s gas giant Gazprom and the Dutch major Gasunie have inked a letter of intent as to explore the potential expansion of the Nord Stream pipeline to Britain.
read more... 10/04/2013
Crude oil prices traded higher on Monday, supported by gains in gasoline futures and strong selling of the spread between Brent and U.S. crude at $11.30 a barrel.
read more... 09/04/2013