Latest news
Europe and Russia disagree on gas pipeline development project
The energy representatives from Europe and Russia have met on Wednesday to discuss the future of natural gas supplies, disputing over the implementation of gas pipeline common project.
read more... 28/01/2011
Daily Energy Market Overview, Tuesday, January 25, 2011
U.S. crude oil stockpiles increased last week as imports rose and refinery use had little changed after dropping the week before. The latest increase was caused by the continuing downturn in refinery use and the return to normal work of the Alaskan pipeline. Allowances for U.S. refined petroleum products increased last week by almost 12 percent on average.
read more... 25/01/2011
Iran signs a LNG collaboration agreement with Syria
The Iranian Oil Minister, Masoud Mir-Kazemi, during his visit to Syria, signed a strategic accord to build a natural gas pipeline to transport Iranian gas to Syria.
read more... 21/01/2011
Daily Energy Market Overview, Tuesday, January 18, 2011
Oil prices dropped on Monday following a stronger dollar and as main Alaskan oil pipeline became entirely operational after supply disruptions during more than a week, while an OPEC report indicated that the market was well supplied.
read more... 18/01/2011
Daily Energy Market Overview, Tuesday, January 11, 2011
Crude oil futures registered a price growth on Monday on supply concerns following a halt of a main national crude output pipeline, Trans Alaska Pipeline, and supported by higher heating oil demand due to colder temperatures forecast. Hence, crude for February delivery, on the New York Mercantile Exchange, added 1.22 dollars to 89.25 dollars a barrel.
read more... 11/01/2011