Latest news
China will give a loan of $12 billion to Yamal LNG run by Novatek
Chinese banks are likely to give a loan of $12 billion to the Yamal LNG project run by Novatek, as stated by Interfax news agency on Friday quoting Leonid Mikhelson, chief executive of Novatek, Russia's major non-state gas producer.
read more... 14/09/2015
Russia’s Gazprom announces the selling of a third of gas in inaugural tender
Russia's main natural gas producer Gazprom declared on Thursday it had vended more than 1 billion cubic metres (bcm) of gas of 3.2 bcm on offer in its first spot tender, designed as a test of its ability to adjust to new challenges in the gas market.
read more... 11/09/2015
Daily: WTI oil prices post a 4% hike on solid U.S demand for gasoline focus
WTI crude oil prices hiked by 4 % on Thursday, spurred by traders’ focus on solid U.S. demand for gasoline which eclipsed news of increased U.S. stockpiles of crude. WTI crude futures rose by $1.77, or 4.0 percent, to settle at $45.92 a barrel. Brent crude, the global benchmark for oil, boosted by $1.20, or about 2.5 percent, to close at $49.70 a barrel.
read more... 11/09/2015
Ukraine seeks out $200 million from IFC to acquire gas
Ukraine hopes to get $200 million from the International Finance Corporation to aid finance natural gas acquisitions before winter, as stated by central bank chief Valeria Hontareva on Wednesday.
read more... 10/09/2015
UK: Investment in North Sea oil industry hit by oil price collapse
Investment in U.K. North Sea oil and gas projects is expected to drop considerably by up to 4bn per year through to the end of 2018, as the collapse in oil prices forces the industry to cut back.
read more... 09/09/2015