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Daily: European coal futures plunge to five-year lows on cheaper oil, gas and pessimistic economic data in China
WTI crude oil increased on Monday spurred by U.S. economic figures, while Brent rebounded after getting closer to a two-year low last week. U.S. crude for November delivery boosted $1.03 to close at $94.57, while Brent increased 20 cents to settle at $97.20 a barrel.
read more... 30/09/2014
France: Total obtains Egypt gas exploration permit
French oil firm Total won a license to explore for natural gas in the Nile Delta, as declared on Monday by a source in the Egyptian Natural Gas Holding company (EGAS) owned by State.
read more... 30/09/2014
European Union could find an interim solution to Russia-Ukraine gas row
The European Union, Ukraine and Russia are likely to sign a binding interim agreement by the end of next week, aiming to propose a temporal solution to the gas row between Russia and Ukraine.
read more... 29/09/2014
Statoil stops Aasgard A output because of bad weather
Norwegian oil and gas corporation Statoil halts production at its Aasgard A field in the Norwegian Sea because of bad weather and anticipates production to recommence on Sunday, as stated by spokesperson Morten Eek on Thursday.
read more... 26/09/2014
Norwegian gas exports expected to increase this winter
Norwegian gas exports are expected to rise insignificantly this winter due to new gas fields and the conclusion of maintenance at the country's largest field, Troll, as stated by analysts at Thomson Reuters Point Carbon in their winter forecast on Wednesday.
read more... 25/09/2014