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Daily: British spot gas prices jump amid an undersupplied transmission system
Crude oil prices edged higher on Monday, prolonging an increase triggered last week by hopes that OPEC might agree to slash output to reduce oversupply that has dragged down prices to their weakest level in a decade. Brent crude futures, the global benchmark, rose 21 cents at $33.57 a barrel at 14:28 GMT. U.S. futures stood at $29.68 a barrel, up 24 cents on Friday's settlement. Trade was thinner than usual on Monday due to the U.S. Presidents Day holiday.
read more... 16/02/2016
Eni, Exxon, Statoil obtain Irish offshore oil and gas authorizations
The Irish government declared on Thursday it had granted oil and gas licenses to firms including oil majors Eni, Exxon and Statoil, permitting them to explore for hydrocarbons off the coast of Ireland.
read more... 12/02/2016
Latvia authorizes plan to separate gas utility Latvijas Gaze
Latvia's parliament authorized on Thursday in a final vote a proposal to separate the country's vertically integrated national utility Latvijas Gaze by the end of December 2017 and to open its gas market for competition.
read more... 12/02/2016
Cyprus annuls LNG tender after two-year postponement
Cyprus' Natural Gas Public Company (DEFA) has annulled a tender for approximately 10 years supply of liquefied natural gas (LNG), after almost two years of postponements and extensions.
read more... 10/02/2016
Total declares it starts up production at UK's Laggan-Tormore gas fields
Gas production has launched at Britain's Laggan-Tormore gas condensate fields off the Shetland Islands in the North Sea, as stated on Monday by the operator Total.
read more... 10/02/2016