Latest news
Russia halted gas delivery to Ukraine as talks fails
Russia halted gas supplies to Ukraine on Monday, marking the last hostile move in the conflict between the two countries. This is the third cut off to Ukraine since 2006.
read more... 17/06/2014
Europe is looking towards Azerbaijan for gas security
The EU is looking southwards for natural gas supply, eyeing Azerbaijan as a vital route for European energy security amid mounting tensions between Russia and Ukraine, posing a threat of cutting off gas supplies.
read more... 17/06/2014
Gazprom postpones gas prepayment time limit for Ukraine to June 16
Russia's Gazprom has postponed a deadline for Ukraine to begin paying in advance for natural gas supplies to next Monday, since EU-brokered negotiations persist over the price, as stated by the gas firm's chief executive, Alexei Miller.
read more... 11/06/2014
Daily: British gas prices decreased due to higher supplies from Norway
Brent futures slightly increased on Thursday, holding near $110 a barrel amid expectations of higher demand from top oil consumer the United States since a sharp decline in the country's gasoline stocks added to latest data leading to a stronger economy.
read more... 29/05/2014
Italy: Eni obtains 1st non oil-indexed gas accord from Russia
Italy's Eni won a milestone agreement with Russia's Gazprom that leave behind a 50-year old mechanism of indexing gas supplies to oil prices, fixing up a model other European purchasers might be able to apply in talks.
read more... 26/05/2014