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Total and Rosneft in talk on Yamal LNG project
The French energy giant, Total is discussing with Russian state-owned oil company, Rosneft about joint offshore projects in the Barents Sea and Black Sea.
read more... 17/02/2011
Daily Energy Overview, Thursday, February 17, 2011
U.S. crude added 67 cents to 84.99 dollars after three consecutive days of losses, while Brent gained a high of up 104.52 dollars a barrel but closing the trading session registering an increase of 2.14 dollars to 103.78 dollars a barrel, highest closing level since September 2008.
read more... 17/02/2011
Gazprom agrees to join Eni’s Elephant oil field project in Libya
Gazprom, the Russian gas giant, has signed an agreement yesterday with the Italian gas company, Eni. The deal was signed in Rome and provides that Gazprom will buy a 33% stake in the Elephant oil field project in Libya, half of which is owned by Eni.
read more... 17/02/2011
Daily Energy Overview, Wednesday, February 16, 2011
U.S. crude futures lost 43 cents to 84.38 dollars a barrel on Tuesday, with little change comparing to the price level before the releasing of the report concerning US crude stock levels, showing an unexpected fall.
read more... 16/02/2011
Gazprom agreed to cut gas prices for some European customers
Russia's largest energy giant, Gazprom declared on Monday its intention to lower gas prices for some of its European customers. Decreased demand and lower prices on the spot market are the main reasons for the lowering prices for long-term supply contracts.
read more... 16/02/2011