Latest news
E.ON’s first half profit triples on cheaper gas
E.ON has registered a boost in its first- half profits, pushed up by cheaper gas supplies, after the company secured improved natural-gas-contract terms with Russia's OAO Gazprom, according to new reports.
read more... 13/08/2012
Daily: Brent crude above $111 on supplies concerns
Brent crude traded above $111 per barrel on Wednesday, below 12-week highs, backed by concerns over falling North Sea output and hopes for more stimulus measures.
read more... 08/08/2012
Daily: UK prompt gas firms on weak North Sea supplies
Brent crude traded steady above $109 a barrel on Tuesday, on hopes that Europe would take measures to tackle its debt crisis, while supply worries coming from North Sea maintenance and Middle East tensions also supported prices.
read more... 07/08/2012
Daily: UK gas drops on weak demand and healthy supplies
Brent crude futures increased on Thursday, settling near $106 a barrel on a large decline in U.S. crude oil stockpiles and tight North Sea supply, as well as supported by the statement that Federal Reserve did not offer new monetary stimulus.
read more... 02/08/2012
Iran will export gas to European country despite the new EU sanctions
Iranian Oil Minister, Rostam Qassemi announced that it preparing to export gas to European countries via Turkey. According to FNA sources, the deal with the European state involves the export of 20 to 25 million cubic meters of gas supplies. Previous reports said that Iran is about to conclude three new deals for exporting gas supplies to two Persian Gulf littoral states and a European country.
read more... 19/07/2012