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Europe is looking towards Azerbaijan for gas security
The EU is looking southwards for natural gas supply, eyeing Azerbaijan as a vital route for European energy security amid mounting tensions between Russia and Ukraine, posing a threat of cutting off gas supplies.
read more... 17/06/2014
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
Gazprom postpones gas prepayment time limit for Ukraine to June 16
Russia's Gazprom has postponed a deadline for Ukraine to begin paying in advance for natural gas supplies to next Monday, since EU-brokered negotiations persist over the price, as stated by the gas firm's chief executive, Alexei Miller.
read more... 11/06/2014
Ukraine and Russia will continue gas price discussions, no agreement yet
Russia, Ukraine and the European Commission negotiated eight hours on Tuesday without reaching an agreement on working out a gas pricing dispute, increasing the risk of halt in supply.
read more... 10/06/2014
Daily: U.S. crude oil climbs on job increase report, Brent slips as tensions in Ukraine attenuate
U.S. crude oil futures climbed on Friday after a report from the U.S. Labor Department showed a fourth straight month of job gains in May, while Brent crude registered a slight decline as tensions in Ukraine eased.
read more... 09/06/2014