Latest news
UK Conservative government pledges to support shale gas fracking
The Conservative party has committed to support the shale gas and the fracking industry in the UK, particularly in the north of England on the eve of the party's election victory last Friday.
read more... 12/05/2015
Gazprom and CNPC ink a deal for western route
Gazprom and PetroChina signed a deal on Friday on the basic conditions of gas supplies from Russia to China through the western route.
read more... 11/05/2015
Ukraine doubles its gas imports from Russia in May
Russia announced it will double natural gas deliveries to Ukraine since the beginning of May after the countries prolonged a temporary agreement on pricing, while exports to European countries also increased, as shown by figures.
read more... 07/05/2015
Daily: British natural gas prices climb on colder weather, nuclear outage
Crude oil prices rallied to a new 2015 peak on Wednesday following the first drawdown in U.S. crude stockpiles since January and dollar depreciation. Brent crude touched a 2015 peak of $69.63 before turning negative at one point. It rose by 25 cents to settle at $67.77. U.S. crude futures jumped more than $2 to hit the year's high of $62.58 a barrel, before ending just 53 cents higher at $60.93.
read more... 07/05/2015
Total's shale gas plans face another setback in Denmark
Danish Energy Agency has ordered French oil and gas giant Total to cease exploration drilling at the country’s first shale gas prospect a day after it started because the French giant has used Null Foam, a chemical product not approved by local authorities for utilization during the drilling.
read more... 07/05/2015