Russia has restricted gas supplies to some European countries as Italy, Poland and Slovakia by 8-10% on Wednesday, a lower level than the usual of 1100 GMT.
read more... 02/02/2012
Crude oil prices increased over one dollar on Tuesday on fears that rising tensions between Iran and the West could lead to a disruption in oil supplies. By 23:06, NYMEX crude for February delivery traded at 100.30 dollars a barrel, up 1.47 dollars, while by 01:02 GMT, ICE Brent crude for February delivery traded at 108.38 dollars a barrel, up 1 dollar.
read more... 03/01/2012
Russian president Dmitry Medvedev on Friday said Russia will significantly boost the supplies of liquefied natural gas to energy hungry India in 2016.
read more... 19/12/2011
With a record demand for LNG in Japan and a boom in North American supplies, natural gas is expected to play a key role in the global energy mix of the future, with the International Energy Agency (IEA) saying it could well be a “golden age” for gas, paving the way for an LNG trading hub in Asia.
read more... 16/12/2011
U.S. and North Sea Brent crude oil futures fell on Thursday due to ongoing tensions over euro zone debt crisis. Brent crude traded at $110.24 a barrel, down 28 cents, while U.S. crude declined by 6 cents to $100.30 by 08:33 GMT.
read more... 01/12/2011