Latest news
Gazprom starts construction of the mega-pipeline to China
President Vladimir Putin supervised on Monday the beginning of construction on a giant pipeline that is likely to convey Russian gas to China of about $400 billion in the three decades after flows start in 2019.
read more... 02/09/2014
Daily: UK gas prices tumble amid a modest oversupply, Russia-Ukraine negotiations
Crude oil futures were flat aftermath a choppy trading on Wednesday, following a report indicating falling U.S. gasoline demand in the largest oil consumer in the world and an increase at the key Cushing, Oklahoma storage hub. Brent crude for October delivery boosted 22 cents to settle at $102.72 a barrel, after having fluctuated by $1 between $102.05 and $103.07. WTI crude increased 2 cents to close at $93.88 a barrel after settling 51 cents higher on Tuesday on upbeat U.S. economic data.
read more... 28/08/2014
Daily: WTI Crude oil drops for a fifth consecutive week on plentiful supplies
U.S. crude oil futures dropped on Friday for a fifth consecutive week of declines, while Brent was pressured by a stronger dollar and ample supplies despite an intensification of tensions between Russia and Ukraine.
read more... 25/08/2014
Germany approved sale of $6.9 billion RWE oil and gas division to Russian investor
Germany's economy ministry approved the vending of utility RWE's oil and gas division DEA to a Russian investor in spite of conflicts between Russia and the West over the Ukraine crisis.
read more... 25/08/2014
Lithuania signs first LNG procurement agreement with Statoil
Lithuania signed its first liquefied natural gas acquisition accord with Norway's Statoil on Thursday, aiding the country to diminish its total reliance on Russian supplies.
read more... 22/08/2014