Latest news
Gazprom division and Novatek sign agreement on Yamal gas supply
Gazprom's trading division GMT signed an agreement on Friday with Russia's second-major gas producer Novatek to purchase 3 million tonnes of liquefied natural gas per year from the Yamal project.
read more... 26/05/2014
China and Russia inked a $400 billion gas agreement
China and Russia signed a gas supply agreement of about $400 billion on Wednesday, securing the world's top energy consumer an important source of cleaner fuel and impelling a new market for Moscow since it risks losing European clients over the Ukraine crisis.
read more... 22/05/2014
Daily: U.S. crude oil touches one-month high on stockpiles decline
U.S. crude oil hit a one-month high on Wednesday, posting a gain of about $2 a barrel due to a significant draw in commercial crude stockpiles, while the prolonged unrest in Libya reduced the oil supply, increasing Brent prices.
read more... 22/05/2014
Slovak pipeline might be ready to provide gas to Ukraine as of September
A pipeline to convey gas to Ukraine through Slovakia could be ready for draining at full capacity as of September, according to the manager of Slovakia's pipeline operator, which would facilitate the supply of some gas if Russia halts supplies.
read more... 20/05/2014
EU policymakers think about doubling gas storage obligation
The European Commission is thinking about a suggestion to double the quantity of gas EU member states must keep in storage as part of strategies to enhance supply security due to the Ukraine crisis, as stated by Europe's energy chief on Friday.
read more... 19/05/2014