Poland’s state-owned gas distributor PGNiG received its first spot liquefied natural gas (LNG) from Norway’s Statoil originating from its LNG facility on Melkoya Island.
read more... 28/06/2016
Russian development bank VEB declared on Friday it had offered a guarantee for $3 billion of debt to the Yamal liquefied natural gas (LNG) project, managed by Russian gas company Novatek.
read more... 27/06/2016
Leviathan associates have authorized a $120 million front-end engineering and design agreement for the expansion of the giant gas field offshore Israel. The three partners – Delek Group (45.3%), Noble Energy (39.7%) and Ratio (15%) – approved to Noble Energy, the operator, to begin the Feed phase.
read more... 24/06/2016
Crude oil prices ended 2 percent higher after a volatile session on Thursday, as investors were less preoccupied about the future of global economy after the last pre-vote opinion surveys indicated Britain will not quit the European Union. Brent crude rose $1.03, or 2.1 percent, to settle at $50.91 a barrel. U.S. crude closed at $50.11 a barrel, up 98 cents. Both contracts jumped in the last few minutes of trading.
read more... 24/06/2016
German government has agreed to ban fracking for shale gas for an indefinite period on Tuesday, but would permit test drilling to be carried out if state governments allow it.
read more... 22/06/2016