Ukraine has inked a new deal to purchase Russian gas over the next three months at $248 per thousand cubic metres, as stated by the Ukrainian energy ministry on Thursday.
read more... 02/04/2015
Italian company Saipem will conclude the postponed construction of Poland's liquefied natural gas (LNG) terminal this summer, but only if it obtains additional payment, as stated by Polish daily Rzeczpospolita, citing Saipem's representative.
read more... 01/04/2015
Crude oil closed down for a second consecutive session on Monday as Iran and six world powers accelerated the pace of negotiations to reach a nuclear deal with Tehran that could ease Western sanctions and allow OPEC member to carry crude into an already flooded market. Benchmark Brent oil declined 12 cents to settle at $56.29 a barrel, after slipping $1.21 earlier. WTI crude dropped 19 cents to settle at $48.68, having fallen by $1.26 earlier.
read more... 31/03/2015
Dutch gas network operator Gasunie and tank storage service supplier Vopak declared on Monday that the development of their Gate liquefied natural gas (LNG) terminal in Rotterdam has started.
read more... 31/03/2015
Italian energy firm Eni and Korea Gas Corp (KOGAS) found no exploitable hydrocarbons off Cyprus, the second time energy companies have drawn blanks in recent months in what was otherwise considered a promising region.
read more... 27/03/2015