Latest news
Gazprom obtains further $15 million prepayment for gas from Ukraine
Russian gas export monopoly Gazprom declared on Friday it had obtained further $15 million prepayment from Ukraine for gas supplies, as stated by Gazprom's representative. This shows that Ukraine has prepaid for gas until mid-month.
read more... 09/03/2015
Daily: Crude oil posts the sharpest weekly decline since January on resurgent dollar, rate hike concerns
Crude oil prices settled down on Friday, with Brent posting the largest loss in a week since January, as a recovering dollar and concerns about an U.S. rate increase draw away attention from the declining number of rigs drilling for oil in the United States. Benchmark Brent oil decreased by 75 cents, or 1.2 percent, to settle at $59.73 a barrel. It registered 4 percent slide on the week, its largest decline since the week ended January 9. U.S. crude dropped $1.15, or 2.3 percent, to close at $49.61 a barrel. It posted a slight loss on the week, for a third consecutive week of declines.
read more... 09/03/2015
German utility EWE thinks about sale of stake in gas company VNG
EWE AG, Germany's fifth-biggest utility by sales, is in negotiations to vend its stake in gas company VNG AG, a transaction that could bring 1.3 billion euros ($1.45 billion), as stated by two sources familiar with the deal.
read more... 06/03/2015
Russia obtains $15 million gas payment from Ukraine
Russian gas exporter Gazprom declared on Thursday it had obtained a $15 million prepayment from Ukrainian state energy company Naftogaz, avoiding a possible disruption in supply, at least for a few days.
read more... 06/03/2015
Daily: Crude oil prices tumble in a volatile trade, on stronger dollar, nuclear deal pursuit and supply concerns
Crude oil prices settled lower on Thursday on a volatile trade, as a stronger dollar and Washington’s pursuit of a nuclear deal with Tehran offset previous gains from supply concerns in Libya and Iraq. Brent dropped 7 cents to close at $60.48 a barrel, after soaring more than $1 earlier. U.S. crude declined 77 cents at $50.76, after rallying to $52.40 earlier.
read more... 06/03/2015