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Crude oil market outlook
The North Sea crude oil market showed mixed signals May 15, while steady buying is seen in the Middle East sour crude market....Read More »
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US DOE export decision moves Nova Scotia LNG project ahead
A recent favorable decision by the US Department of Energy means a
proposed project designed to export up to 10 million mt/year of LNG from the
coast of Nova Scotia needs only two more export permit approvals, the project
developer said Tuesday, adding it continues to target first gas in early 2020.
Dutch, German prompt gas prices tick up after bank holiday
Dutch and German prompt prices inched up Tuesday morning as industrial
demand returned after a long weekend.
By midday UK time, the TTF day-ahead contract for Wednesday last traded
7.5 euro cent higher day on day at Eur20.575/MWh, while corresponding German
GASPOOL and NetConnect were respectively 32.5 euro cent and 12.5 higher on the
day, both at Eur20.775/MWh.
Algerian PM urges Sonatrach to invest more, raise oil, gas output
Algeria's Sonatrach must invest more in oil and gas development in order
to raise output amid market uncertainties, the country's prime minister said