Latest news
UK received LNG from Qatar
UK has received a liquefied natural gas shipment from Qatar, because of dwindling gas supplies due to the unseasonably severe March weather which continues to put increasing demands on the National Grid. Two more shipments from Qatar are due in the coming week.
read more... 26/03/2013
Rosneft is tripling oil supplies to China
Russia's top oil producer OAO Rosneft signed an agreement with China to increase crude oil deliveries, reinforcing energy relations between Russia, the world's largest energy producer, and China, the biggest consumer. Russian state-owned oil major Rosneft intends to tripling supplies to China to 1 million barrels a day via the Eastern Siberia–Pacific Ocean oil pipeline.
read more... 25/03/2013
UK: Gas prices hit 5 year highs
UK gas prices hit a five year high on Monday as unexpected stoppages at North Sea facilities sparked worries about the risk to power supplies. Within-day gas prices traded as high as 120 pence per therm, as the system was undersupplied by roughly 60 million cubic meters per day.
read more... 05/03/2013
Libyan natural gas exports to Italy halted after militias fight
Mellitah oil and gas complex, ENI’s most important facility in the west region of Tripoli had to halt gas exports on Saturday following clashes between local militia, amid increasing concerns over the stability of North Africa's hydrocarbon supplies.
read more... 04/03/2013
China to obtain Russian gas
Russia and China are likely to reach framework agreements on gas supplies by the end of March, deputy Russian Prime Minister Arcady Dvorkovich, who is currently on a visit to Beijing, said in a statement. Dvorkovich said that Gazprom and the Chinese partners are engaged in active talks on the terms of Russian gas supplies to China.
read more... 27/02/2013