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Rosneft signs agreements on offshore gas field development with Mozambique

Russian state-run oil company Rosneft signed a memorandum of understanding with Mozambique's National Hydrocarbons Company (Empresa Nacional de Hidrocarbonetos E.P., ENH) to develop offshore natural gas fields, a TASS correspondent reported from the signing ceremony.

read more... 23/08/2019

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Daily (22.08.2019): NBP spot surged by 5.4% on Wednesday as the outage at Culzean gas field has been extended

Oil prices diverged on Wednesday. Brent crude price rose due to a higher-than-expected draw in U.S crude stockpiles, while WTI futures dropped due to continued worries about the global economy. Brent crude added $0.27, or 0.5%, to $60.30 a barrel. Meanwhile, WTI crude lost $0.45, or 0.8%, to end at $55.68 a barrel.

read more... 22/08/2019

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Daily (21.08.2019): NBP Sep19 price jumped by almost 5% due to an outage at the Culzean gas field

Crude oil prices were rather steady on Tuesday. Brent crude inched up by 0.5% to $60.03 as tensions between U.S. and China eased. However, WTI futures dropped by 0.1% to 56.13 amidst continued concerns over global demand.

read more... 21/08/2019

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Moldova seeks importing Russian gas through the Turkish Stream gas pipeline

The Moldovan government is interested in importing Russian gas through the TurkStream pipeline and has discussed the issue with Gazprom officials, the country's Economy Minister Vadim Brinzan said today.

read more... 21/08/2019

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Yamal LNG hits 20 mt milestone

Russia’s largest independent natural gas producer and LNG operator said its Yamal LNG project hit a new milestone.

read more... 19/08/2019

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