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E.ON Russia will discuss new agreement on gas acquirements from Rosneft
E.ON Russia intends to discuss inking a new gas-purchase contract with Russian state oil firm Rosneft, E.ON's Russian division declared on Tuesday.
read more... 10/06/2015
Daily: UK day-ahead gas prices tumble on UK-Belgium gas pipeline Interconnector closure
Crude oil prices recovered on Tuesday, spurred by expectations of a sixth consecutive weekly decline in U.S. crude supplies and dollar depreciation. The price of light sweet crude (WTI) for delivery in July rose $2, or 3.4%, to settle at $60.14 a barrel on the New York Mercantile Exchange. Brent crude boosted $2.19, or 3.5%, to close at $64.88 a barrel on ICE Futures Europe.
read more... 10/06/2015
Russia’s Gazprom wants to invest in Brazil oil, gas
Russia's Gazprom is thinking about investments in oil and natural gas in Brazil and might bid for exploration rights in the nation's 13th-Round concession auction in October, as stated by Shakarbek Osmonov, manager for Brazil and Latin America.
read more... 09/06/2015
Cyprus gas field expected to annually produce 8 bcm with pipeline to Egypt
The Aphrodite natural gas field off Cyprus is commercially feasible and plans require to yearly produce 8 billion cubic metres (bcm) and building of a pipeline to Egypt, as stated by the associates behind the project on Sunday.
read more... 08/06/2015
Conoco the last global oil firm to abandon Polish shale gas
ConocoPhillips, the U.S. energy firm, declared on Friday it has ceased its shale gas exploration in Poland because of unsatisfactory results, leaving the rest of the field to Polish state-run companies.
read more... 08/06/2015