Latest news
UK and China sign a milestone LNG deal
China National Offshore Oil Corporation (CNOOC) signed on Tuesday a 20-year deal with London-based oil giant BP for liquefied natural gas (LNG) supply.
read more... 18/06/2014
Daily: UK gas reaches new lows on Russia, Ukraine temporary gas deal
Brent and U.S. crude oil settled down in a nervous trading on Monday, dragged down by a stronger dollar and recently released data showing that OPEC’s oil output increased to a three-month high. Brent crude for July delivery declined 58 cents to close at $108.83 a barrel, after striking $109.87 and further retreating below Brent's 200-day moving average at $109.07. WTI crude for July delivery traded 24 cents down to close at $102.47 a barrel, after hitting an intraday high at $103.35.
read more... 03/06/2014
Spain: Iberdrola signed LNG contract estimated at $5.6 bln
Spanish power firm Iberdrola declared on Friday it had signed with Cheniere Energy Inc a liquefied natural gas (LNG) sale and acquisition deal estimated at $5.6 billion for a period of 20 years.
read more... 02/06/2014
Areva worries about weak global nuclear market
French nuclear reactor builder Areva, controlled by state, is dealing with a weak global nuclear market and lack of investment possibilities, as stated by the chairman of its supervisory board in the daily Les Echos on Wednesday.
read more... 29/05/2014
Total: Ukraine crisis has little impact on Yamal LNG project
The tension between Russia and Ukraine would not threaten the huge Yamal LNG project in Russia, even though the company deals with several financing problems and access to some materials under embargo, according to the statement made by French oil major Total on Friday.
read more... 19/05/2014