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Daily (27.02.2020): British gas prices jumped on Wednesday, spurred by colder weather and an undersupplied system

Crude oil futures collapsed to their lowest level in more than a year on Wednesday amid mounting concerns that the higher number of new coronavirus cases in Europe and the Middle East would hamper oil demand around the world.

read more... 27/02/2020


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


European gas prices set to slump

Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is taking these in, filling up its storage space. Now, everyone seems to be wondering when prices will bottom out, if they will bottom out at all.

read more... 19/02/2020


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


Italy Overtakes Turkey Among Top Russian Gas Buyers in 2019

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

read more... 17/02/2020