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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
Daily: Brent and U.S. crude oil decline due to Ukraine, Libya supply worries
Brent crude oil traded slightly over $110 a barrel on Tuesday amid supply disruption worries as Ukrainian forces confronted separatists in Donetsk for a second day and since oil output in Libya was cut to 160,000 barrels per day (bpd) as a result of chaos in the country.
read more... 28/05/2014
Number of fracking patents globally reached record high in 2013
The number of patents put in place for new shale extraction technology hit a record high in 2013 since oil and gas firms fought for managing intellectual property in the emergent industry, as shown in a research on Tuesday.
read more... 27/05/2014
Italy: Eni obtains 1st non oil-indexed gas accord from Russia
Italy's Eni won a milestone agreement with Russia's Gazprom that leave behind a 50-year old mechanism of indexing gas supplies to oil prices, fixing up a model other European purchasers might be able to apply in talks.
read more... 26/05/2014
Greece approves demand of Italian company to seek out oil, gas
Greece authorized on Wednesday a demand of an Italian energy company to seek out oil and natural gas in three onshore regions in the west of the country, Arta, Aetoloakarnania and the northwestern Peloponnes.
read more... 26/05/2014