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Daily (10.04.2019): NBP spot soared by over 10% on Tuesday amid system undersupply

Crude oil prices pared earlier gains on Tuesday, following an unexpected increase in U.S. crude inventories and Russia’s comments on a potential rise in its oil production after OPEC’s meeting in June. However, OPEC-led supply cuts as well as U.S. sanctions against Iran and Venezuela capped losses. Brent crude price edged down by 0.7% to $70.61 a barrel. The same decline was noticed in WTI futures, which ended at $63.98 a barrel.

read more... 10/04/2019


Commissioning starts at first Belarus unit

Unit 1 of the first nuclear power plant to be built in Belarus has started the commissioning phase, AtomStroyExport (ASE), the engineering subsidiary of Russian state nuclear corporation Rosatom, has announced.

read more... 09/04/2019


Russia’s Gazprom Neft Boosts Oil Output Capacity In Kurdistan

Russian oil producer Gazprom Neft has increased the production capacity of its Sarqala Field in Iraqi Kurdistan by 25% by launching a third production well.

read more... 05/04/2019


Novatek agrees to supply Arctic LNG 2 gas to Repsol

Russia’s largest independent natural gas producer and LNG operator Novatek has signed a non-binding heads of agreement (HoA) for the supply of LNG with Repsol.

read more... 03/04/2019


Gazprom in talks to renovate Kyrgyzstan gas network

Russian gas giant Gazprom is in talks with the government of Kyrgyzstan to renovate its natural gas infrastructure, reports Trend citing to Kallanish Energy

read more... 29/03/2019