Oil prices recovered on Thursday after a data report showed a drop in U.S. crude inventories. Brent crude futures settled at $61.20 a barrel, up 98 cents, or 1.6 percent. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures closed at $56.51 a barrel, up 55 cents, or 1 percent up from their last settlement.
read more... 08/12/2017
Russian company Novatek as well as Japan firms Marubeni and Mitsui O.S.K. Lines inked a trilateral memorandum of understanding (MOU) to open a liquefied natural gas (LNG) hub situated in Russia's Kamchatka region.
read more... 29/11/2017
Oil prices hit a two-year peak on Wednesday after the closure of one of the largest crude pipelines from Canada reduced supply to the United States.
read more... 23/11/2017
EU wants to extend gas legislation related to pipelines import
read more... 09/11/2017