Latest news
Gazprom remains out of Greece
Gazprom has decided to stay out of the privatization process for Greek state gas operator DEPA for fear that its finances would worsen before the deal closed. Gazprom’s spokesman Sergei Kupriyanov said that they didn’t receive enough guarantees.
read more... 11/06/2013
E.ON strikes a 20-year LNG deal with Canada’s Pieridae Energy
German utility giant E.ON has unveiled a 20-year agreement on LNG sales with Canada’s Pieridae Energy.
read more... 04/06/2013
Austrian OMV bought shares in Nabucco gas pipeline
Austrian OMV has acquired shares in the Nabucco West gas pipeline project from German RWE on 14 April. Both RWE and OMV have confirmed the deal but they didn’t provide any other information.
read more... 15/04/2013
Daily: European spot power prices increase on cold snap
Crude oil futures increased on Monday in choppy trading after a bailout deal for Cyprus improved the sentiment for fuel demand in the euro zone. Meanwhile, Brent May crude traded up 51 cents to settle at $108.17 a barrel, having traded from $106.80 to $109.07. U.S. May crude rose $1.10 to settle at $94.81 a barrel, above the 50-day moving average at $94.38 and having hit $95.65 during the session. Brent's premium to U.S. crude settled lower at $13.36 a barrel based on settlements, with the spread narrowing to $12.85 during the session, the narrowest since early July.
read more... 26/03/2013
Centrica inks the first LNG deal with U.S.
British energy giant, Centrica has entered into an import deal with North America's Cheniere Energy , being the first natural gas agreement with U.S.
read more... 25/03/2013