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Austria: personal gas aspirations aided to keep Russian pipeline safe

Gazprom's South Stream pipeline project has been saved by Austria last month in order to bring its own gas from the Black Sea, according to a source. This would be the first time the Russian gas exporter has consented to a rival’s gas access to its pipelines.

read more... 15/05/2014

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Daily: Brent crude prices fall as Libya exports resume

Brent crude oil dropped by about $1.50 a barrel on Monday as Libya, an important crude oil producer, paved the way to resume exports from the eastern oil port of Zueitina, while the spread versus U.S. futures suddenly reduced after expanding for two weeks.

read more... 29/04/2014

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Norway: cut in gas exports lower than expected

On Wednesday, work at a gas field off Norway should start, leading to a cut in production of 18 million cubic metres per day rather than an expected 26 mcm per day, as published by the gas system operator Gassco on its website.

read more... 23/04/2014

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Daily: Brent crude climbs on civil wars worries in Ukraine

European benchmark, Brent crude posted a modest gain on Tuesday on news that a civil war is close to trigger in Ukraine. However the gains were curbed by forecasts of a resumption of oil exports from Libya.

read more... 16/04/2014

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Daily: European spot power drops due to higher German solar production, lower power demand

Global crude oil prices posted a slight drop on Thursday, dragged down by pessimistic economic data from China and by an OPEC’S forecast showing a recovery in oil exports from Libya.

read more... 11/04/2014

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