Latest news
Georgia extends gas deal with Russia's Gazprom
Georgia inked an agreement with Russia's Gazprom elongating a gas transit deal, as stated by Georgian deputy energy minister on Thursday.
read more... 08/04/2016
Austria: Habau will accomplish Bulgaria-Romania gas pipeline
The state gas network operators of Bulgaria and Romania have inked an agreement with Austrian construction company Habau to accomplish a postponed interconnector connecting the two Balkan nations which is intended at reducing Bulgaria's reliance on Russian gas imports.
read more... 07/04/2016
Daily: UK prompt gas prices climb on colder weather, robust oil
Crude oil prices boosted 5 percent on Wednesday, their biggest increase in three weeks, after the U.S. government unveiled an unexpected draw in domestic crude inventories versus market expectations for a new record high. U.S. crude's front-month contract rose by $1.86 to settle at $37.75 a barrel. It rallied to $37.90 earlier, after slipping to $35.24 the previous day, its weakest level since March 4. The front-month contract Brent gained $1.97 to close at $39.84 a barrel. Its session peak was $39.94.
read more... 07/04/2016
Norway will increase gas production capacity, envisages Arctic pipeline
Norway intends to raise its gas production capacity and is assessing the potential for constructing a pipeline from the Barents Sea to satisfy future demand in Europe, according to its gas system operator Gassco on Tuesday.
read more... 06/04/2016
Daily: Oil price reduces to one-month low on unpredicted U.S. demand drop
Oil dropped to a one-month low on Tuesday after a surprise decline in gasoline demand in the United States, the world's biggest oil consumer, and hesitations whether oil producers can agree a production freeze to reduce a global supply glut.
read more... 05/04/2016