Latest news
Daily: UK gas increases on weaker pipeline flows, higher heating demand
Brent and U.S. crude oil futures boosted on Tuesday following OPEC’s monthly released report showing an optimistic outlook for the amount of crude that group experts have to produce in 2013 in order to keep supply and demand in equilibrium.
read more... 13/02/2013
Daily: German spot electricity climbs on colder weather, lower wind
Brent crude oil futures settled higher on Wednesday on encouraging UK jobs data and after U.S. crude oil prices decreased considerably on news of an unplanned constraint on pipeline, which was expected to lessen an oil surplus in the U.S. Midwest and reduce the spread between Brent and U.S. oil prices. Meanwhile, Brent March crude climbed 38 cents, or 0.34 percent, to settle at $112.80 a barrel, having traded from $112.06 to $113.15.
read more... 24/01/2013
Gazprom and Plinacro to build pipeline in Croatia
Gazprom, Russia’s natural-gas export monopoly has signed a deal with Plinacro to build a natural gas pipeline in Croatia.
read more... 21/01/2013
TAQA: Hydrocarbon leak at a key platform in North Sea UK
An important oil pipeline network, which handles about 6% of UK’s oil production, was forced to halt its production following a leak at a key North Sea oil platform. The shutdown was confirmed by Abu Dhabi National Energy Co (TAQA) on January 14, at one of its platforms in the UK North Sea.
read more... 16/01/2013
Norway proposes tariff cut in its gas pipeline system
Norway's Minister of Petroleum and Energy, Ola Borten Moe, proposed on Tuesday to slash natural gas transport tariffs for new gas contracts, aiming to encourage higher production and exploration in mature fields. Norway is the world`s second largest gas exporter supplying about 18% of Europe’s needs.
read more... 16/01/2013