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Russia beating US in LNG price war

Russian LNG’s low price point is putting pressure on its competitors in the European LNG import market, attendees heard at the S&P Global Platts London Oil and Energy Forum yesterday.

read more... 26/02/2020

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Daily (20.02.2020): Oil prices soared by more than 2% due to U.S. sanctions on Rosneft, tensions in Libya, coronavirus cases receding

Oil prices soared by more than 2% on Wednesday, supported by a slowdown in the spread of the coronavirus, U.S. sanctions against the Russian black gold giant Rosneft and the unrest in Libya. Brent crude for April delivery rose by $1.37, or 2.4% to settle at $59.12 a barrel. U.S. WTI crude ended at $53.29, gaining $1.24, or 2.4%.

read more... 20/02/2020

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TurkStream delivers over 500 mcm of gas to Europe via Turkey

Russia transferred over 500 million cubic meters (mcm) of natural gas to Europe from Turkey via the TurkStream natural gas pipeline during its first month of operations in January 2020, industry sources said Wednesday.

read more... 20/02/2020

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M.Pompeo pledges $1 billion for EU energy projects to reduce Russia reliance

U.S. Secretary of State Mike Pompeo said on February 15 at the Munich Security Conference that Washington pledged "up to $1 billion" to boost energy projects in eastern Europe as part of efforts to reduce reliance on Russian natural gas.

read more... 18/02/2020

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Italy Overtakes Turkey Among Top Russian Gas Buyers in 2019

Italy overtook Turkey as Gazprom’s second-biggest buyer of natural gas last year, the Russian company said.

read more... 17/02/2020

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