Latest news
Finland offers financial backing to three small LNG terminals
The Finnish government allocated 65.2 million euros (84.22 million US dollar) in financial backing to construct three small liquefied natural gas (LNG) terminals to cut on utilization of fuel oil and liquefied petroleum gas (LPG) in industry, as stated by the economy ministry on Thursday.
read more... 19/09/2014
Daily: British prompt natural gas prices boost on undersupplied system
Crude oil prices dropped on Thursday, dragged down by plentiful supply, worries about demand growth and a stronger U.S. dollar. Brent eased $1.27 to settle at $97.70 a barrel, with prices falling around 15 percent from a nine-month peak of $115.71 reached in June. U.S. crude slipped $1.35 to close at $93.07 a barrel a day following a decline due to government data that showed U.S. crude inventories increased 3.7 million barrels last week.
read more... 19/09/2014
Shell revitalizes its plan to vend European LPG business
Anglo-Dutch oil conglomerate Royal Dutch Shell has chosen Credit Suisse to counsel on the vending of its European liquefied petroleum gas (LPG) business, as stated in the Financial Times on Friday, quoting four people familiar with the decision.
read more... 15/09/2014
Daily: Thermal coal prices drop on lower demand
Brent crude decreased under $97 per barrel on Monday, a more than two-year low, since flat economic data from China, the world's major energy consumer, spread a shadow on the outlook for oil demand among plentiful global supplies.
read more... 15/09/2014
Daily: Thermal coal prices drop since oil declines below $100 and China demand weakens
Brent crude oil prices settled above $99 a barrel on Wednesday, close to a 16-month low attained a day earlier among fears about global oil demand.
read more... 10/09/2014