Latest news
Daily: British gas drops to a nine-month on higher temperatures forecasts
Brent crude oil increased for a fourth consecutive session on Friday, posting its first weekly gain since February on optimistic U.S. economic data and worries that eventual Western sanctions on Russia’s energy sector could trigger output disruption in the world. Brent climbed 24 cents to end at $108.07 a barrel. U.S. crude increased by 39 cents a barrel to close at $101.67, after rebounding over $1 in each of the past two sessions.
read more... 31/03/2014
Daily: European carbon allowances drop to the lowest level since January
Crude oil futures boosted on both sides of the Atlantic on Thursday, with WTI crude rose by more than $1 per barrel to reach a three-week high following upbeat U.S. economic data and the end of refinery maintenance season which unveiled a strong demand ahead for crude oil.
read more... 28/03/2014
Total and Russia’s Lukoil are discussing a collaboration in shale projects
French oil major company Total and Lukoil have the intention to cooperate in shale gas projects since Russia employs unconventional resources to substitute decreasing output at mature fields in Siberia, as published in the Financial Times on Thursday.
read more... 28/03/2014
Myanmar Oil gas blocks to be explored by Shell, Statoil, Total and others
The most important international oil companies, such as Statoil, Conoco Phillips, Royal Dutch Shell and Total, have been awarded with the rights to perform explorations for oil and gas off Myanmar, as stated by the Ministry of Energy in the Southeast Asian country.
read more... 27/03/2014
Daily: Brent crude steady on supply disruptions in Nigeria and Libya
Brent crude held steady on Wednesday, because of supply disruptions in Nigeria and Libya and tensions over annexation of Crimea to Russia, while U.S. crude increased by more than $1 per barrel due to an eighth straight weekly draw in oil stocks at the contract's delivery point in Cushing, Oklahoma.
read more... 27/03/2014