Latest news
Total will continue to invest in Russia
Total’s Manager Director stated on Tuesday that the French oil firm will keep on investing in Russia, in spite of the tensions between Ukraine and the Russian President. According to the company, the liquefied gas project in the Yamal Peninsula is not at risk.
read more... 05/03/2014
Daily: Crude oil prices soar to five-month highs amid escalating tension in Ukraine
Crude oil prices surged by more than $2 a barrel on Monday to hit the highest level since September on escalating tensions between Ukraine and Russia which shook oil markets. Ukraine mobilized its army reserves as Russia seized control of the Black Sea region of Crimea.
read more... 04/03/2014
Daily: European carbon prices up 10 % on the week after backloading plan disclosure
U.S. crude oil hit its eight consecutive week of gains on Friday on weaker oil rail shipments from the growing Bakken shale basin in North Dakota. Brent oil posted moderate gains but settled the week lower, dragged down by an outlook for dipping demand in China and another for slow European growth due to escalating unrests in Ukraine.
read more... 03/03/2014
ENI obtains refund from Statoil on revised gas agreement
ENI, a major integrated energy company based in Italy and one of Europe’s leading gas wholesalers, inked an agreement on Thursday to review its long-term gas supply contract with Norway's Statoil that is supposed to increase its operating profit by approximately 1 billion euros ($1.4 billion) in 2014.
read more... 28/02/2014
Daily: Brent prices squeeze on escalating turmoil in Ukraine
Brent oil futures dropped on Thursday, dragged down by escalating turmoil in Ukraine that slashed the global risk appetite. U.S. oil futures also registered a decline, but losses were offset by figures showing the fourth consecutive weekly decline in oil stocks at WTI benchmark delivery point at Cushing, Oklahoma.
read more... 28/02/2014