Latest news
Timchenko’s Stroitransgaz set for 3.5 billion euro South Stream deal
A conglomerate run by Stroitransgaz, managed by Gennady Timchenko, an important businessman touched by U.S. sanctions, won a transaction of about 3.5 billion euro to construct a segment of the South Stream natural gas pipeline traversing Bulgaria, as stated by industry sources on Friday.
read more... 24/03/2014
Dutch Gasunie: Fluxys and OGE potential shareholders
Belgian pipeline operator Fluxys and Germany's Open Grid Europe (OGE) are seen as potential shareholders of Dutch Gasunie whether the parliament permits cross-shareholdings for network operators, as stated by Han Fennema, Gasunie's chief executive, on Wednesday.
read more... 20/03/2014
Rosneft defies Gazprom monopoly to get right to export Russian gas via pipeline
The major oil producer in Russia, Rosneft, plans to break domination of another energy important company, Gazprom, to export gas through pipelines, leading to an explosion between the major clans, according to some sources on Friday.
read more... 10/03/2014
LNG deal between Estonia and Finland
A transaction between Estonia and Finland has been signed on Friday aiming the construction of two liquefied natural gas (LNG) terminals on each side of the Gulf of Finland and a pipeline linking the two countries, as stated by Juhan Parts, the Estonian Economy Minister.
read more... 03/03/2014
Daily: WTI price above 102$, set to hit the 6th weekly increase
U.S. crude steadied above $102 a barrel on Friday, likely to hit its sixth weekly increase, backed by robust heating demand in North America and since a new pipeline drew off supplies from Cushing, Oklahoma, the WTI contract's delivery point.
read more... 21/02/2014