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Ukraine: Naftogaz has paid $1.65 billion tranche to Gazprom
Ukrainian state energy company Naftogaz declared on Tuesday it had paid $1.65 billion to Russia's Gazprom - the second tranche of a debt reimbursement settled under an agreement that saw Moscow restart gas supplies to Ukraine at the beginning of this month.
read more... 24/12/2014
Kollsnes outage seen reducing Norway gas production by 13 MCM/day on Tuesday
Norway's gas production dropped by 13 million cubic metres per day (mcm) on Tuesday since Kollsnes gas processing plant, the country's largest, was closed on Monday because of external electricity supply loss, as stated by Norwegian gas system operator Gassco on Tuesday.
read more... 23/12/2014
Daily: British natural gas prices fell on warmer temperatures, oversupplied system
Crude oil boosted by as much as 5 percent on Friday, posting its largest increase in over two years as traders took profits on short positions after prices reached the weakest level since 2009. Brent crude for front-month delivery jumped $2.11, or 3.4 percent, to settle at $61.38 a barrel, after closing twice this week below the psychologically key level of $60, and continued to boost as high as $62.66 in post-settlement trade. WTI's front-month crude boosted $2.41 to close at $56.52 a barrel, ending the day on an unusually positive note at just 39 cents off the intra-day peak.
read more... 22/12/2014
Russia: Yamal LNG will obtain state support of 150 billion roubles in first quarter
A project to produce liquefied natural gas, Yamal LNG, may obtain state support of 150 billion roubles ($2.5 billion) from Russia's National Wealth Fund in the first quarter, as stated by Interfax news agency citing an economy ministry representative on Thursday.
read more... 19/12/2014
Egypt inks its first shale gas deal with Apache, Shell
Egypt has inked its first deal to extract shale gas using fracking technique with Apache and Shell Egypt, announced the Ministry of Oil.
read more... 18/12/2014