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 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
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
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
Slovak natural gas importer SPP may ensure supplies to all its clients for the remaining of the winter season even if deliveries of Russian gas via Ukraine were to be halted, as stated by a representative on Wednesday.
read more... 26/02/2015