In the last days of 2016, the biggest Lithuanian gas buyers inked contracts with Russian giant Gazprom which is expected to surpass Norway’s Statoil in terms of the bulk of the country’s gas needs for 2017.
read more... 04/01/2017
Crude oil prices declined over 2 percent on the first trading day of 2017, reversing the 18-month highs attained in early trade as the U.S. dollar surged to its highest level since 2002 and traders took profits.
read more... 04/01/2017
Swedish energy company Vattenfall has secured long-term nuclear fuel deals estimated at $128 million with three different suppliers.
read more... 03/01/2017
A funding package of $95 million has been prepared for a natural gas pipeline between Moldova and Romania.
read more... 03/01/2017
Crude oil prices ended with modest losses in the final trading session of 2016 on Friday, but posted the largest annual gain since 2009 after the landmark deal reached by OPEC and several non-OPEC members to slash output.
read more... 03/01/2017