Latest news
Daily: Brent crude reverses losses on worsening relations between Russia and the U.S.
Brent crude curbed previous losses to rebound over $1 a barrel on Friday on worsening relations between Russia and the United States increased fears of supply disruptions in the market. Brent crude for September delivery climbed $1.32 to settle at $108.39 a barrel, the highest settlement price since July 10. U.S. crude for September delivery boosted 2 cents to close at $102.09 a barrel, after declining as low as $101 a barrel earlier in the session.
read more... 28/07/2014
EDF inks 20 year LNG deal with U.S. Cheniere Energy
French energy giant EDF entered into 20-year liquefied natural gas (LNG) sale and purchase deal with Cheniere Energy, Inc. in Texas.
read more... 21/07/2014
Ukraine has no more time to pay its natural gas bill
The Russian gas conglomerate Gazprom is threatening to cut gas supply to Ukraine by June 16 if Kiev fails to honor its 1.95 billion gas debt by Monday, declared chief executive Alexei Miller.
read more... 16/06/2014
Daily: British spot gas trades at the lowest level since October 2010 on weak demand, health supply
Brent crude oil futures increased, while U.S. crude oil limited losses on Thursday in a nervous trading as the euro and dollar were influenced by the European Central Bank's (ECB) decision to cut interest rates to record low levels and as investors forecasted strengthening oil demand in Europe. Brent rebounded from a three-week low and WTI crude from a two-week low reached instantly after the ECB announcement.
read more... 06/06/2014
Spain: Iberdrola signed LNG contract estimated at $5.6 bln
Spanish power firm Iberdrola declared on Friday it had signed with Cheniere Energy Inc a liquefied natural gas (LNG) sale and acquisition deal estimated at $5.6 billion for a period of 20 years.
read more... 02/06/2014