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Italy: OLT LNG plant recognized as strategic
The Italian government has recognized as important the liquefied natural gas (LNG) terminal that regional utility Iren and Germany's E.ON intend to build off the north-west coast of Italy, as stated on Monday by two sources familiar with the matter.
read more... 16/09/2014
Daily: Brent hits the lowest level in over two years on weak economic data from China
Brent crude dropped below $97 per barrel on Monday, touching its weakest level in over two years, dragged down by pessimistic Chinese economic data which slashed outlook for demand at a time of plentiful supply. The Brent contract for October delivery, which expired on Monday, eased at $96.21 a barrel, the lowest level since July 2012, while the Brent contract for November delivery tumbled 8 cents a barrel to settle at $97.88. U.S. crude boosted 65 cents to finish at $92.92 a barrel.
read more... 16/09/2014
Shell revitalizes its plan to vend European LPG business
Anglo-Dutch oil conglomerate Royal Dutch Shell has chosen Credit Suisse to counsel on the vending of its European liquefied petroleum gas (LPG) business, as stated in the Financial Times on Friday, quoting four people familiar with the decision.
read more... 15/09/2014
Britain planning entity authorizes gas-fired power plant
The British government on Friday stated it had permitted the construction of a gas-fired power station of 470 megawatts (MW) at North Killingholme in northeast England suggested by developer C.GEN.
read more... 15/09/2014
Daily: Thermal coal prices drop on lower demand
Brent crude decreased under $97 per barrel on Monday, a more than two-year low, since flat economic data from China, the world's major energy consumer, spread a shadow on the outlook for oil demand among plentiful global supplies.
read more... 15/09/2014