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Daily: Oil prices boosted on OPEC cut commitments, draw of U.S. crude at Cushing
Oil rose on Thursday, encouraged by a reported decline in U.S. crude inventories stored at the Cushing, Oklahoma, delivery hub, and as promises from Gulf OPEC members moderated lingering uncertainties in the market about support from other producers.
read more... 28/10/2016
Azerbaijan to start gas deliveries to Balkan Gas Hub by 2020
Gas from Azerbaijan’s giant Shah Deniz 2 in the Caspian Sea will enter the Balkan Gas Hub in Bulgaria by 2020, as assured by Azerbaijan’s state oil company SOCAR.
read more... 03/10/2016
Cyprus considers Bulgaria as part of plans to transit gas to Europe
Bulgaria wants to attract natural gas deliveries from Cyprus through scheduled gas hub at the Black Sea to carry gas from Russia and the Caspian Sea to southern and central Europe and further.
read more... 27/09/2016
DONG Energy will construct $13-26 million hub for UK offshore wind
Denmark's DONG Energy declared on Thursday it would construct a multi-million pound maintenance hub in Grimsby, northeast England, to offer services for its offshore wind operations.
read more... 23/09/2016
EBRD ready to back Bulgaria
The European Bank for Reconstruction and Development (EBRD) is ready to back Bulgaria's plans for a regional natural gas hub and will offer financial support if the project proves feasible, the bank's president declared on Monday.
read more... 20/09/2016