Latest news
Turkey to scrap "take or pay" principle for Azeri gas in 2015
Turkey decided to give up the “take or pay” clause for Azerbaijani gas delivery in the next 14 months, declared the Turkish Minister of Energy and Natural Resources Taner Yildiz.
read more... 22/10/2014
Daily: British wholesale natural gas prices slip on warmer temperatures, curbed demand
Brent crude dropped on Monday, falling below $86 a barrel as concerns about oversupply and weak demand dragged down worldwide oil benchmark back to last week’s four-year low. WTI crude hovered below $83 a barrel. Brent settled as low as $84.41, after having dropped 69 cents at $85.47 a barrel by 1945 GMT. U.S. crude declined 4 cents to close at $82.71 a barrel. The spread between Brent and U.S. crude extended at $3.39 a barrel.
read more... 21/10/2014
Ukraine mulls gas pipe to Poland to receive European gas
Ukraine is envisaging building a gas pipeline worth $245 million that will enable receiving gas from Europe through Poland, according to Ukrainian UNIAN news agency.
read more... 21/10/2014
Eni signs cooperation deal with Kogas for liquefied natural gas operations
Eni signed a collaboration accord with Korea Gas Corporation (KOGAS) to further reinforce their relationship in a number of areas, mainly in the upstream and LNG sectors. The deal will permit the firms to jointly track opportunities globally.
read more... 20/10/2014
BP to resume North Sea gas field half-possessed by Iran
BP will resume the Rhum gas field in the UK North Sea, half-possessed by Iran's National Oil Company, four years after the field was closed because of Western sanctions, as stated by a BP spokesman on Friday.
read more... 20/10/2014