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Russia, Saudi Arabia Agree To Expand Cooperation On Oil, Gas

Russia and Saudi Arabia say they have agreed to expand their cooperation on oil and gas matters after having teamed up to help bolster oil prices in the past two years.

read more... 15/06/2018

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Spain’s Gas Natural Fenosa signs €30bn gas supply deal with Sonatrach

Spain-based Gas Natural Fenosa has renewed its agreement with Algerian state-owned energy firm Sonatrach to procure natural gas from Algeria to Spain until 2030.

read more... 15/06/2018

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Daily (14.06.2018): NBP day-ahead gas price jumped by 3.4% on Wednesday due to an undersupplied system

Increased demand in fuel consumption in the United States and lower crude inventories boosted oil prices on Wednesday. Brent crude futures rose by 1.1% to settle at $76.74 a barrel. U.S. West Texas Intermediate (WTI) crude futures added 28 cents, or 0.4%, to $66.64 a barrel.

read more... 14/06/2018

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Italian Snam forms new joint venture for Albania's gas pipelines

The Italian natural gas transmission system operator Snam and the Albanian gas infrastructure operator Albgaz signed an agreement to form a joint venture for the operation and maintenance of gas pipelines in Albania, the company announced on Monday.

read more... 14/06/2018

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Presidents of Turkey, Azerbaijan and Georgia inaugurated the Trans Anatolian Natural Gas Pipeline (TANAP)

TANAP started operations on June 12 at a grand inauguration ceremony.

read more... 13/06/2018

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