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Daily: Crude oil prices rebound by 4% on production disruption concerns in Brazil, Libya
Crude oil prices rebounded by about 4 percent on Tuesday as a hike in U.S. gasoline and diesel after a disruption on a key pipeline system added further support to oil markets already buoyed by an industry strike in Brazil and force majeure for Libyan crude loadings. Brent crude edged $1.75 higher, or 3.6 percent, to settle at $50.54 a barrel, after hitting a peak of $50.91 during the session. U.S. crude boosted $1.76, or 3.8 percent, to close at $47.90. The session's peak was $48.36.
read more... 04/11/2015
Daily: British gas prices tumble on milder weather outlook, weaker consumption
Crude oil prices declined on Monday after pessimistic Chinese factory data intensified worries about energy demand in the No.2 economy, while record high Russian crude output helped to ease the global supply glut. Brent crude declined by 77 cents, or 1.6 percent, to settle at $48.79 a barrel. U.S. crude futures slipped 45 cents, or 1 percent, to close at $46.14.
read more... 03/11/2015
Russia’s Gazprom inks gas agreement with Serbia
Russian firm Gazprom has inked a gas agreement with Serbia. The Memorandum of Understanding (Mou) was signed between Chairman of Gazprom Alexey Miller and Aleksandar Vucic, Prime Minister of the Republic of Serbia.
read more... 30/10/2015
INEOS acquires more North Sea gas assets
INEOS has purchased a 25% share in a gas field in the North Sea. The new agreement raises the petrochemical giant’s possession in the Clipper South Gas Field to 75%.
read more... 29/10/2015
Snam considers new investments in gas transmission, distribution and storage at 5.1 billion euros
Snam, Italian gas Pipeline Company, is envisaging new investments in transport, distribution and storage, injecting 5.1 billion euro into Italy in the 2015-2018 period, while collaborating with Fluxys to expand the value of its overseas assets.
read more... 28/10/2015