Latest news
Daily – Brent up for the sixth consecutive session
U.S. crude oil futures decreased in post settlement trading on Wednesday on industry released data about a huge drop in domestic crude stockpiles previous week, against forecast about a modest increase. Distillate and gasoline stockpiles also dropped much more than it was forecasted. By 20:33 GMT, NYMEX crude for November delivery traded at 85.01 dollars a barrel, losing 80 cents.
read more... 13/10/2011
China reveals its shale gas output target
China, as the world’s second largest energy consumer, envisages the development of unconventional energy in order to meet its soaring demand for energy. Thus, the Chinese government revealed its plans to explore the country’s huge potential of shale gas reserves, as a result of some European countries’ decisions to ban the exploration of shale gas.
read more... 13/10/2011
British Gas says “no” to door to door selling
British Gas announced its plans to completely suspend their door to door selling practice, claming that this technique is outdated.
read more... 13/10/2011
Russia and China close to sign a milestone gas agreement
According to the Russian officials’ declarations on Tuesday, Russia is close to signing a milestone agreement involving the supply of natural gas to the world’s biggest energy consumer, China.
read more... 12/10/2011
Daily – gas down on friendly weather
U.S. and Brent crude oil increased on Monday for a fourth consecutive session on the back of the promise from German and French Government to unveil a plan to region’s debt.
read more... 11/10/2011