Latest news
Norway anticipates a drop of oil investments by 21% by 2017
Norway anticipates its oil and gas investments, a keystone of its economy, to fall by around 21 percent by 2017 from a record high last year, as stated by the government in its 2016 budget on Wednesday.
read more... 09/10/2015
Ukraine reduces gas imports from Europe in October
Ukraine, which still has no final accord with Russia on gas supplies for the winter, has suddenly cut its imports from Europe this month, as stated by Ukrainian gas transport monopoly Ukrtransgaz on Wednesday.
read more... 08/10/2015
Dutch parliament approves a motion to curtail gas production at Groningen field
The Dutch lawmakers on October 6 approved a motion calling the cabinet to considerable curtail gas production from the country's Groningen gas field for safety reasons.
read more... 07/10/2015
Russia: Gazprom will halve the pipeline capacity of the TurkStream
Gazprom has nearly halved the intended capacity of its TurkStream gas pipeline project to 32 billion cubic metres (bcm) per year from an initial capacity of 63 bcm, as stated by Gazprom Chief Executive Officer Alexei Miller on Tuesday.
read more... 07/10/2015
Daily: British gas prices increase on forecasts for colder weather, stronger oil prices
WTI crude prices increased 2% on Monday, spurred by a hike in U.S. gasoline and Russia’s disposition to meet other major oil producers to discuss the market. Higher stock prices on Wall Street and a weaker dollar added further support to oil and other dollar-denominated commodities. U.S. crude firmed by 72 cents, or 1.6 percent, to close at $46.26 a barrel. Brent boosted $1.20, or 2.4 percent, to settle at $49.95 a barrel.
read more... 06/10/2015