Latest news
Russia: Gazprom reduces gas price for Ukraine in first quarter
Ukraine will pay less for Russian gas in the first quarter compared with the last quarter because of a drop in the price of oil, as stated on Tuesday by Sergei Kupriyanov, representative for state-owned gas producer Gazprom.
read more... 04/02/2015
Total: plans to drill shale test well in Denmark postponed
Total has postponed by several months its plans to drill Denmark's first test wells for shale gas, as stated by the French oil major on Monday.
read more... 03/02/2015
Daily: British prompt natural gas prices soar on short supply, cold weather
Crude oil prices soared again on Monday, as some investors bet that a bottom had created to the seven-month long strip on the market even as others remained pessimistic. Benchmark Brent and U.S. oil futures oscillated in a range of about $4 a barrel, one of their largest in weeks, as near-term technical signals showed further gains, while fundamental figures continued to pose an impact on the market. Brent rose by $1.76, or 3.3 percent, to settle at $54.75 a barrel, fluctuating between a session peak of $55.62 and a low of $51.41. WTI crude increased $1.33, or 2.8 percent, to close at $49.36 a barrel, oscillating between $50.56 and $46.67.
read more... 03/02/2015
Gazprom will make an investment of around $500 million in Kyrgyzstan in 2015-2017
Russian state gas producer Gazprom will spend approximately 34 billion roubles ($495 million) in 2015-17 to improve and develop gas infrastructure it purchased in Kyrgyzstan and guarantee stable gas supply, as stated by Gazprom CEO Alexei Miller on Friday.
read more... 30/01/2015
Cyprus in negotiations with Noble on exploitation of gas discovery
Cyprus and U.S. energy firm Noble are talking about the possible exploitation of a gas field found in 2011, as stated by the island's energy minister on Wednesday.
read more... 29/01/2015