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Daily: UK prompt gas prices hit a slight increase on undersupplied system
Brent crude traded below $110 a barrel on Tuesday, after posting a loss of more than 1 percent in the previous session on worries about weak demand in a fragile economy which offset intensifying tensions in Iran.
read more... 25/09/2012
Gazprom and Centrica strike a 3 year gas supply contract
British utility Centrica has announced on Thursday that it has signed a 3 years gas supply contract with Gazprom Marketing & Trading, a UK registered wholly-owned subsidiary of Russian energy giant Gazprom. Under the deal, Gazprom will supply 2.4 billion cubic meters of natural gas starting from 2014.
read more... 21/09/2012
Daily: UK prompt gas stable on short supply and cooler weather
Brent crude climbed to near $114 a barrel on Tuesday, after lofty losses in the previous session, but gains were capped as investors assessed the impact of the U.S. Federal Reserve’s stimulus measure on oil demand and envisaged China’s next step to boost its economy.
read more... 18/09/2012
Daily: UK prompt gas climbs on low supply
Brent crude traded near $116 a barrel on Thursday, after a hike of five consecutive sessions, as traders were looking forward for new stimulus measures provided by U.S. Federal Reserve, aimed to bolster the world’s largest economy.
read more... 13/09/2012
Bulgaria starts the construction of its gas interconnector with Romania
After the gas dispute between Ukraine and Russia last year which has left Bulgaria without gas for three weeks in the winter period, the European Council decided that every member state should have at least two sources of gas and electricity by 2014, in order to avoid repeating the Russian-Ukrainian gas crisis.
read more... 13/09/2012