Latest news
Noble Energy to sell 3% stake in Israel’s Tamar field
Harel Insurance & Finance and the Israel Infrastructure Fund (IIF) agreed to buy a 3% share in the Tamar natural gas field from Texas-based Noble Energy, at a base price of $369 million.
read more... 07/07/2016
Danish gas exchange Gaspoint Nordic to join European platform Pegas
Danish gas exchange Gaspoint Nordic will join the Pegas platform this year, operated by French energy bourse Powernext. Denmark will be the first Scandinavian country on the platform.
read more... 07/07/2016
Daily: Crude oil rebounds almost 2% on optimistic U.S. economic data
Oil prices rebounded almost 2 percent on Wednesday as optimistic U.S. economic data spurred crude futures from two days of declines, although a gasoline oversupply and concerns about implications of Brexit suggested more pressure ahead. Brent crude rose by 84 cents, or 1.8 percent, to settle at $48.80 a barrel. U.S. crude futures increased 83 cents, or 1.8 percent, to close at $47.43.
read more... 07/07/2016
Russian gas conglomerate Gazprom to increase its output by 8% in 2016
Russia’s gas conglomerate Gazprom will increase its output this year by 8.1% to 452.45 billion cubic meters, said Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee.
read more... 05/07/2016
Daily: European forward power prices increase on firmer fuel markets
Crude oil prices lost ground on Monday, after comments by Saudi Energy Minister Khaled Al-Faleh that the market was heading toward balance were mitigated by weakening demand in Asia, gasoline oversupply and expectations that crude output could rise. Brent crude futures eased 25 cents to settle at $50.10 per barrel. U.S. crude futures fell 23 cents to close at $48.76 per barrel. The trading for U.S. crude was thin as markets were closed on Monday for the U.S. Independence Day holiday.
read more... 05/07/2016