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Daily: British spot gas prices soar on supply shortfalls from Norway
Crude oil prices boosted on Thursday on optimistic German economic figures and continued uncertainty about an agreement on Iran’s nuclear program, despite a stronger dollar which slashed crude oil’s hike. Brent crude for May delivery increased by $1.02 to settle at $56.57 a barrel, having hit $58.02. U.S. crude for May delivery rebounded 37 cents to close at $50.79, after reaching $52.07. WTI crude's Tuesday close traded near $54, the highest level December 30.
read more... 10/04/2015
First State envisages additional Germany’s small energy grids
Infrastructure investor First State Investments is searching to develop its presence in Germany's 1.7-million-kilometre network of regional electricity and gas grids.
read more... 10/04/2015
Russia might offer Greece advance funds for future gas project
Russia is thinking about soon offering Greece funds based on future earnings it could obtain from conveying Russian gas to Europe as part of a pipeline development, as stated by two Greek government sources on Wednesday.
read more... 09/04/2015
Rosneft's Sakhalin LNG plant might be postponed for minimum 2 years
Russian energy producer Rosneft might have to postpone the expansion of its liquefied natural gas (LNG) plant on the Pacific island of Sakhalin for minimum two years, according to sources, after prices declined and financing all but dried up because of Western sanctions.
read more... 08/04/2015
Gazprom mulls selling stake in German GAS group VNG
Gazprom unveiled its decision to withdraw from the capital of the German gas importer Verbundnetz Gas (VNG), selling its 10.52% stake.
read more... 07/04/2015