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Novatek Signs LNG MoU with Vietnam

Novatek announced signing a Memorandum of Understanding with the Ninh Thuan Provincial People’s Committee to develop an integrated energy-generating project with the use of liquefied natural gas in Vietnam.

read more... 24/05/2019

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N. Macedonia's gross electricity output falls 15% year-on-year in March

North Macedonia's gross electricity production fell by an annual 15% to 470,434 MWh in March, preliminary data from the national statistical office showed on Thursday.

read more... 24/05/2019

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Shell begins production from Appomattox oil and gas field in Gulf of Mexico

The Appomattox field, which is located approximately 128km southeast of Louisiana in the deep-water Gulf of Mexico, has commenced production

read more... 24/05/2019

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Daily (23.05.2019): European carbon prices spiked by nearly 4% on Wednesday, on looming tight supply and higher gas prices

Crude oil prices dropped on Wednesday, after data showed that U.S. crude inventories surged unexpectedly amplifying concerns over a weaker oil demand raised by the lengthy U.S.-China tariff dispute. WTI futures closed 2.7% lower at 61.42 USD/bbl, in tandem with falling equities. On the other side, rising tensions between Washington and Iran coupled with OPEC’s intentions to continue output cuts helped limit the fall in prices. As a result, Brent crude price dropped by 1.7% to 70.99 USD/bbl.

read more... 23/05/2019

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Bulgaria, Greece start construction of gas pipeline from Azerbaijan

Sofia and Athens are launching the construction of a pipeline to transport gas from Azerbaijan to Bulgaria, AP said.

read more... 23/05/2019

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