The Czech and Slovak gas pipeline operators intend to sell 10 percent of available transmission capacity between the two countries in monthly auctions, as they stated on Thursday.
read more... 10/07/2015
Athens had admitted for the first time its plans to build a €2bn gas pipeline with Moscow, the so called 'Turkish Stream' in Greece, move which is like to intensify U.S. worries, as it stepped up its involvement in Greece’s debt negotiations with international creditors.
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Azerbaijan allows Italian gas infrastructure conglomerate Snam to take a stake in the project to construct the Trans Adriatic Pipeline (TAP) that will convey gas from Azerbaijan to Europe, as stated by President Ilham Aliyev on Thursday.
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WTI crude oil futures declined over 1 percent on Wednesday after an unexpected increase in inventories, while gasoline jumped on bets for strong fuel demand during the peak summer driving season. Brent rose 20 cents, or 0.4 percent, to settle at $57.05. U.S. crude's front-month contract fell 68 cents, or 1.3 percent, to close at $51.65 a barrel. It had slipped on Tuesday to touch $50.58, its weakest level since April 8.
read more... 09/07/2015
Russia's Gazprom has cancelled a deal with Italian oil services conglomerate Saipem to construct the first connection of a gas pipeline under the Black Sea, as stated by the Russian state gas firm on Wednesday.
read more... 09/07/2015