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Lithuania might not prolong long-term gas import agreement with Gazprom
Lithuania might not prolong its long-term natural gas import agreement with Russia's Gazprom after the existing one expires at the end of 2015, since it has obtained access to global LNG markets, as declared by the state-owned energy company on Monday.
read more... 03/03/2015
Russian magnate confronted Britain over North Sea agreement
Russian tycoon Mikhail Fridman declared on Monday he would purchase a number of gas licenses in the North Sea in spite of British resistance, threatening lawsuit if London should oblige him to vend them on to a third party.
read more... 03/03/2015
Asian spot LNG prices eject Europe as world’s leader
Asian spot liquefied natural gas (LNG) prices have re-established a premium over competing European benchmarks, reversing a month-long tendency, since Atlantic markets sucked up further supply generating deficits elsewhere.
read more... 03/03/2015
Daily: British prompt gas prices ease as Ukraine political risk lessens
Crude oil increased considerably on Friday, with Brent and U.S futures registered their first monthly gains since June, spurred by growing demand forecasts and supply outages. Brent crude boosted $2.53 to close at $62.58 a barrel, with its February’s 18 percent gain the largest monthly percentage increase since May 2009. WTI crude increased $1.59 to settle at $49.76, posting a 3.1 percent February gain.
read more... 02/03/2015
Lithuania inks non-binding agreement for U.S. LNG
Lithuanian liquefied natural gas (LNG) importer Litgas has inked a non-binding deal to acquire LNG from the United States' first export terminal, as stated by the company on Saturday.
read more... 02/03/2015