Latest news
Russian gas pipe to China being filled up with gas as scheduled
Russian gas monopoly Gazprom said the company is making preparations for the first pipeline supplies of Russian gas to China via the Power of Siberia gas pipeline.
read more... 21/10/2019
Ukraine sees 10-year high gas volume in storage
Ukraine has pumped 21 billion cubic meters (bcm) of natural gas into its underground storage facilities, to reach a 10-year high volume, according to Naftogaz.
read more... 16/10/2019
Ukraine to export natural gas to Moldova without Gazprom's involvement
The Cabinet of Ministers has instructed NJSC Naftogaz of Ukraine to take measures to ensure natural gas exports to Moldova without the involvement of Russia's Gazprom.
read more... 09/10/2019
Bulgaria signs 1.1 billion-euro deal to build TurkStream extension
Bulgaria’s national gas transmission company Bulgartransgaz and Saudi-led engineering consortium Arkad have signed a construction contract worth 1.1 billion euros to extend Russia’s TurkStream pipeline which will deliver Russian gas to Europe bypassing Ukraine, the Associated Press has reported.
read more... 20/09/2019
Daily (16.09.2019): NBP spot soared by over 13% on Friday amid higher demand after official order to cut Gazprom’s flows
Crude oil prices traded lower on Friday, amid worries over global economic slowdown and thinner oil demand. WTI futures fell by 0.4% to $54.85 a barrel, while Brent crude edged 0.3% down at $60.22 a barrel, heading for the first weekly fall in three and five weeks respectively. Nevertheless, crude prices are expected to spike after a drone attack on two Saudi Aramco oil facilities on Saturday, which slashed by 50% Saudi Arabia’s oil output, or the equivalent of 5% in the global oil supply.
read more... 16/09/2019