Latest news
Noble ready to declare Cyprus natural gas discovery viable
Noble Energy is likely to pronounce its Aphrodite natural gas reserve off Cyprus commercially feasible within weeks, paving the way for exports, as stated by Cyprus's energy minister on Tuesday.
read more... 18/03/2015
Daily: British spot gas prices ease on robust supply from Norway, weaker exports to the continent
Crude oil plunged on Tuesday, dragged down sharply by a rallying dollar, with Brent declining more than WTI as traders took profits on recent highs in Brent’s premium. Brent crude closed at $58.39 a barrel, down $2.14, and U.S. crude settled at $48.29, slipping $1.71.
read more... 11/03/2015
Gazprom obtains further $15 million prepayment for gas from Ukraine
Russian gas export monopoly Gazprom declared on Friday it had obtained further $15 million prepayment from Ukraine for gas supplies, as stated by Gazprom's representative. This shows that Ukraine has prepaid for gas until mid-month.
read more... 09/03/2015
Russia obtains $15 million gas payment from Ukraine
Russian gas exporter Gazprom declared on Thursday it had obtained a $15 million prepayment from Ukrainian state energy company Naftogaz, avoiding a possible disruption in supply, at least for a few days.
read more... 06/03/2015
Daily: Crude oil prices decline on speculations of Tehran nuclear deal
Brent crude futures declinde 5 percent on Monday on speculations of a sooner-than-expected nuclear deal for Tehran that could remove sanctions and increase its oil exports, intensifying concerns of robust supply back to the market. Boosting Libyan crude output and a stronger dollar also weighed on Brent. U.S. crude futures also dropped but only slightly, spurred by data suggesting a smaller-than-expected increase last week in the Cushing, Oklahoma delivery point for oil. Brent's front-month fell $3.04 to settle at $59.54. WTI crude decreased 17 cents to close at $49.59 a barrel.
read more... 03/03/2015