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Eni CEO meets rebels for energy talks

According to the declarations of Italian Foreign Minister Franco Frattini, Eni’s chief executive Paolo Scaroni has visited Benghazi to discuss energy cooperation with the rebel forces.

read more... 05/04/2011

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Daily energy Overview, Wednesday, March, 30, 2011

U.S. and Brent crude ended higher on Tuesday in thin volume trading supported by stronger equities and uncertainty regarding a fast return of Libyan oil exporting operations. On the NYMEX market, the U.S. crude for May delivery increased by 0.78 percent being traded at 104.79 dollars a barrel, while ICE Brent crude for May delivery gained 36 cents settled at 115.16 dollars a barrel, after registering a trading range between 113.52 and 115.64 dollars.

read more... 30/03/2011

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Exillon Energy appraises oil findings in Western Siberia

Exillon Energy, a British independent oil company with upstream operations in two oil rich regions of northern Russia, has revealed an oil finding from the appraisal well 5 (EWS I - 50P) in western Siberia.

read more... 29/03/2011

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Putin visits Serbia for pipeline deal

During his visit to Serbia on Wednesday, Russian Prime Minister Vladimir Putin assured Serbia that the building of South Stream gas pipeline will start as planned in 2013 and will be put into operation till December 2015.

read more... 25/03/2011

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Daily Energy Overview, March, Thursday, 24, 2011

U.S. crude oil futures increased above 105 dollars a barrel at settlement on Wednesday, reaching their highest level in two-and-a-half year, supported by persistent military operations in Libya and unstable situation in the Middle East countries but also by falling U.S. gasoline stocks.

read more... 24/03/2011

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