Latest news
Daily: WTI Crude oil drops for a fifth consecutive week on plentiful supplies
U.S. crude oil futures dropped on Friday for a fifth consecutive week of declines, while Brent was pressured by a stronger dollar and ample supplies despite an intensification of tensions between Russia and Ukraine.
read more... 25/08/2014
Germany approved sale of $6.9 billion RWE oil and gas division to Russian investor
Germany's economy ministry approved the vending of utility RWE's oil and gas division DEA to a Russian investor in spite of conflicts between Russia and the West over the Ukraine crisis.
read more... 25/08/2014
Lithuania signs first LNG procurement agreement with Statoil
Lithuania signed its first liquefied natural gas acquisition accord with Norway's Statoil on Thursday, aiding the country to diminish its total reliance on Russian supplies.
read more... 22/08/2014
Ukraine prepared for temporary compromise price for Russian gas
Ukraine is ready to pay a short-term compromise price for Russian gas, criticizing Russia's Gazprom for being reluctant to negotiate, as stated on Tuesday by the country’s energy ministry.
read more... 20/08/2014
Ukraine launches test imports on gas connection from Slovakia
Ukraine has started test imports of gas from Slovakia through an improved pipeline, as stated on Saturday by the chief of Ukrainian state-owned gas company Naftogaz, since the country is struggling to reduce energy dependence on Russia.
read more... 18/08/2014