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Total: Ukraine crisis has little impact on Yamal LNG project

The tension between Russia and Ukraine would not threaten the huge Yamal LNG project in Russia, even though the company deals with several financing problems and access to some materials under embargo, according to the statement made by French oil major Total on Friday.

read more... 19/05/2014

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EU policymakers think about doubling gas storage obligation

The European Commission is thinking about a suggestion to double the quantity of gas EU member states must keep in storage as part of strategies to enhance supply security due to the Ukraine crisis, as stated by Europe's energy chief on Friday.

read more... 19/05/2014

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Russia warns about gas cut if Ukraine does not pay by June 2

Russia repeated on Monday its threat to cut natural gas supplies to Ukraine if Kiev would not be able to pay in advance for June deliveries, stating as well that more discussions on the matter were also conditional on payment.

read more... 13/05/2014

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Daily: Crude oil futures increase on Ukraine gas supply disruption threat, new EU sanctions against Russia

Crude oil futures increased on Monday as Ukraine urged the European Union to extend sanctions against Russia, while Russian gas giant Gazprom has threatened to disrupt natural gas supplies to Ukraine.

read more... 13/05/2014

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Daily: Oil prices increase on escalating tension in Ukraine, strong job growth in the U.S.

Crude oil prices boosted on Friday on escalating violence in Ukraine and as data showed that U.S. employers hired in April at the quickest pace in more than two years, dragging down unemployment to a 5-1/2-year low of 6.3 percent.

read more... 05/05/2014

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