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Daily: British spot gas prices increase on weaker supply from UK's continental shelf

Crude oil prices settled up 4 percent as optimistic U.S. jobs figures and technical factors spurred buying that resuscitated this week’s hike after a one-day pause. Brent futures, the global benchmark for crude, rose $1.65, or 4.5 percent, to close at $38.72 a barrel. U.S. crude's West Texas Intermediate (WTI) futures boosted $1.35, or 3.9 percent, to settle at $35.92.

read more... 07/03/2016

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Gazprom borrows 2 bln euros from Bank of China

Russian gas giant Gazprom has lent 2 billion euros ($2.2 billion) from Bank of China's London arm, the company's largest loan agreement from a single credit institution.

read more... 04/03/2016

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Croatia might choose to construct a floating LNG terminal

Croatia could initially opt for the construction of a floating instead of land-based liquefied natural gas (LNG) terminal in the northern Adriatic to make it operational more rapidly, as stated by the government on Wednesday.

read more... 03/03/2016

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UK: Avonmouth LNG storage site will halt operations

A Liquefied Natural Gas (LNG) storage facility close to Briston will permanently halt operations in the next two months.

read more... 02/03/2016

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Ukraine: increase of gas reserves by 22% year-on-year

Ukraine is coming out of the 2015/16 winter with approximately 10 billion cubic metres (bcm) in gas reserves, or an increase of 22 percent from 8.17 bcm a year earlier, according to a transport monopoly Ukrtransgaz on Monday.

read more... 01/03/2016

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