Latest news
EU 2015 gas consumption increased for first time in four years
Gas consumption in the European Union increased in 2015 for the first time in four years since temperatures moved closer to average after an extraordinarily mild 2014, augmenting residential demand for heating, as stated by business association Eurogas on Wednesday.
read more... 31/03/2016
Daily: British spot gas prices climb on lower wind output, robust demand
Crude oil prices ended flat on Wednesday, erasing most of the day’s gains, losing momentum, after U.S. government data unveiled crude stockpiles hit all-time high records despite strong refinery runs. U.S. crude futures rose 4 cents to close at $38.32 a barrel. Brent crude's front-month edged 12 cents higher to settle at $39.26, retreating from a session peak of $40.61.
read more... 31/03/2016
E.ON and Gazprom agree on adjustment of prices in gas supplies contract
German utility E.ON and Russian energy giant Gazprom agreed to adjust the prices of long-term gas supply contracts, resolving a pending arbitration proceeding between the companies.
read more... 30/03/2016
Egypt: EGAS finalizes tender for two LNG cargoes for April delivery
Egypt has acquired two liquefied natural gas (LNG) cargoes for April delivery from two international firms, EGAS Chairman Khaled Abdel Badie told Reuters on Sunday, without mentioning which two companies won the tender.
read more... 29/03/2016
ExxonMobil to buy a 15% stake in Eni’s Mozambique field
U.S. energy giant ExxonMobil is envisaging buying a stake of around 15% in Italian oil major Eni’s giant Area 4 gas field in Mozambique.
read more... 28/03/2016