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Egypt: 35 cargoes of LNG to be imported from Russia's Gazprom
Russia's Gazprom has signed an agreement to aid supply Egypt with its first liquefied natural gas (LNG) imports, as declared by the oil ministry on Tuesday, in a deal that could be estimated at approximately $1 billion at existing market prices.
read more... 19/03/2015
Daily: Oil prices rebound by 6% after Federal Reserve move
Crude oil prices soared as much as 6 percent on Wednesday as the dollar depreciated after the Federal Reserve changed the market's direction, choosing a more gradual modality to normalizing U.S. interest rates. Benchmark Brent oil registered choppy moves earlier, while U.S. crude prices eased after figures indicated the highest oil inventories in the United States in at least 80 years. Brent rose by $2.40 or 4.5 percent to settle at $55.91 a barrel. WTI boosted $1.20, or almost 3 percent, to close at $44.66 a barrel, and above $45 post-settlement.
read more... 19/03/2015
Gassco annuls Oseberg field outage, resumes Vesterled flows
An earlier announced unexpected outage at Norway's offshore Oseberg field was annulled, leading to a restart of gas flows on the Vesterled pipeline, as stated by the gas system operator Gassco on Thursday.
read more... 19/03/2015
EU carbon market emissions declined by 3.7% in 2014
Emissions limited by Europe's carbon market dropped by 3.7 percent in 2014, incited by higher production from renewable electricity generators and lower power consumption, as stated by analysts at Thomson Reuters Point Carbon on Wednesday.
read more... 19/03/2015
Noble ready to declare Cyprus natural gas discovery viable
Noble Energy is likely to pronounce its Aphrodite natural gas reserve off Cyprus commercially feasible within weeks, paving the way for exports, as stated by Cyprus's energy minister on Tuesday.
read more... 18/03/2015