Latest news
Rosneft is likely to increase crude oil exports to China
Russia’s major oil producer Rosneft considers strengthening its oil ties with China by significantly increasing oil deliveries through Kazakhstan.
read more... 09/10/2017
Daily (09.10.2017): European prompt prices soared to peaks last seen in February
Oil prices dropped on Friday, as a week of profit-taking and the return of oversupply worries led the market lower, breaking a multi-week bull run. Losses in the oil market were also a consequence of a stronger dollar.
read more... 09/10/2017
Australia is most likely to beat Qatar in LNG exports
The world’s top supplier Qatar risks being dethroned as Australia expects to boost exports of liquefied natural gas (LNG) by 16 percent from 2018.
read more... 06/10/2017
Total’s entry in the French retail electricity market will shake prices
French oil major Total affirmed that it would start a price war with EDF and Engie in the French power retail sector, as it plans to offer a 10 percent price discount.
read more... 06/10/2017
Norway considers minimising its reliance on oil
Norway’s Minister of Climate and Environment, Vidar Helgesen, declared on Thursday that the country will try to find ways to lessen its dependence on oil and gas as fossil fuels are dropping in value continuously due to energy transition.
read more... 06/10/2017