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Gazprom to reduce by 10% gas deliveries to private companies in Turkey
Supplies of natural gas to private sector companies in Turkey fell by 10% due to a price dispute with Russian energy giant Gazprom, a Turkish Energy Ministry official said Thursday.
read more... 26/02/2016
Memorandum of Understanding between Gazprom, Edison and Depa for the supply of gas
Russian gas giant Gazprom inked a memorandum of understanding (MoU) with Italy’s Edison SpA and Greek company DEPA on gas supplies from Russia over the Black Sea bottom.
read more... 25/02/2016
Daily: Crude oil prices soar on loading issues for UK crude, higher U.S. gasoline demand
Crude oil prices hiked as much as 3 percent on Wednesday, with Brent spurred by news of stalled loadings for the United Kingdom's North Sea oil due to technical issues, while U.S. crude futures boosted after robust demand for gasoline reduced worries about record high crude stockpiles. Brent, the global benchmark for crude, rose $1.14, or 3.4 percent, to settle at $34.41 a barrel. U.S. crude futures advanced 28 cents, or nearly 1 percent, to close at $32.15 after gasoline demand soared more than 5 percent over the past four weeks compared with a year ago, according to the government data.
read more... 25/02/2016
Bulgaria inks an agreement with Shell for deepwater oil and gas exploration
Bulgaria signed a deal with Royal Dutch Shell on Tuesday to explore for oil and gas in an offshore block in the Black Sea in a bid to end its almost total reliance on Russian natural gas.
read more... 24/02/2016
Qatar, Maersk and Shell collaborate to develop LNG as marine fuel
Qatar and Royal Dutch Shell have decided to develop liquefied natural gas (LNG) as a marine fuel for utilization by the world's biggest container shipping firm, A.P. Moller-Maersk, Qatargas declared in a statement on Monday.
read more... 23/02/2016