Latest news
UK: IGAS prepares for the third shale gas drill next month
Britain's major shale gas explorer IGas intends to drill its third well next month, in the northwest of England, to determine the quantity of gas is trapped below the ground.
read more... 10/10/2014
Daily: UK gas prices tumble on balanced system, increasing temperatures
Brent crude touched a 27-month low on Wednesday before rebounding partially to settle above $91 a barrel, with analysts stating that the market is expected to recover despite increasing inventories and a pessimistic world economic outlook. Brent crude for November delivery decreased by 73 cents, or 0.8 percent, at $91.38 a barrel. U.S. crude dropped by 1.54$, or 1.7 percent, finished down at $87.31 a barrel, after trading at 86.83$, its lowest level since April 2013.
read more... 09/10/2014
BG Group receives $350m for gas debt from Egypt
Egyptian Government paid to British gas explorer BG Group $350 million (£219m). The payment is for significant debts to the firm which along with other important energy players is allocated money by the country.
read more... 09/10/2014
Russia: Gazprom minimizes U.S. LNG exports, shale
The plans of U.S. to start liquefied natural gas (LNG) exports in 2016 will not modify significantly the disjointed global LNG market, as stated on Tuesday by Alexei Miller, the chief executive of Russian gas exporter Gazprom.
read more... 08/10/2014
Norway: Statoil signs deal to vend gas to Ukraine’s Naftogas
Norwegian energy company Statoil has inked an agreement to vend gas to Ukraine state gas firm Naftogaz, according to the Nordic company on Friday, supplying another source of gas for Ukraine after Russia’s halt of supplies.
read more... 06/10/2014