Latest news
Daily (08.02.2017): European spot electricity prices buoyed by cold spell
Crude oil prices decreased by more than 1 percent on Tuesday and continued to tumble after settlement, dragged down by a massive increase in U.S. crude inventories. The strong recovery in U.S. shale production would complicate efforts by OPEC and other producers to cut the supply glut.
read more... 08/02/2017
Shell to exit from Danish offshore joint venture
Royal Dutch Shell is reportedly eying the exit from the Danish Underground Consortium (DUC), an offshore oil and gas joint venture, according to three banking sources.
read more... 07/02/2017
India mulls the reduction of LNG customs duty to 2.5%
India has decided to reduce the duty on LNG imports to 2.5% from 5% to encourage the use of natural gas in the country, finance minister Arun Jaitley said while presenting his federal budget for fiscal 2017-2018 Wednesday.
read more... 07/02/2017
Statoil discovers a new promising site for gas in the North Sea
Statoil has found a promising site for new gas in the North Sea’s Valemon field.
read more... 07/02/2017
Daily (07.02.2017): Brent and WTI crude at lowest level since Jan. 31
Crude oil prices tumbled on Monday as robust U.S. supplies and excess speculative length offset OPEC output reductions and mounting tensions between the United States and Iran.
read more... 07/02/2017