Crude oil prices increased on Friday, supported by tight supply, most notably in the US after the hurricane last month, as well as by stronger demand for black gold. As a result, Brent oil gained 1.1% at $78.09 a barrel and WTI crude rose by 0.9% to $73.98 a barrel.
read more... 27/09/2021
Russian energy giant Gazprom stands ready to increase natural gas supplies to Europe, Interfax news agency cited a Kremlin spokesman as saying on Sunday, amid a surge in gas prices.
read more... 27/09/2021
The 1.4 GW North Sea Link power interconnector from Norway to Great Britain is to start operations as scheduled on Oct. 1, Norwegian grid operator Statnett said Sept. 23 after market close.
read more... 27/09/2021
Gas infrastructure companies EP Infrastructure (EPIF), Eustream and Nafta have partnered with RWE Supply and Trading on a low-carbon hydrogen development in Slovakia, the companies said Sept. 24.
read more... 27/09/2021
Crude oil prices extended gains on Thursday, with Brent crude hitting its highest level in more than two months. The increase was attributed to the growing fuel demand as offshore crude production continued to see a slow recovery in the Gulf of Mexico in the wake of Hurricane Ida and a draw in U.S. crude inventories. Hence, Brent crude rose by $1.06, or 1.4%, to settle at $77.25 a barrel, its highest price since mid-July. U.S. WTI crude rose by $1.07, or 1.5%, to $73.30 a barrel.
read more... 24/09/2021