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2015-07-16 19:25:00

GAS: FROM RUSSIA WITH LOVE

GAS: FROM RUSSIA WITH LOVE

On July 1st 2015, Russia's state-owned gas company, Gazprom, announced that had it ceased deliveries of natural gas to Ukraine for the fifth time in a decade. The decision was the result of a breakdown in negotiations between Ukraine and Russia on a new agreement concerning the price of gas. For Gazprom and Russian President Vladimir Putin, the breakdown in negotiations represents a fresh opportunity to illustrate to EU Member States that Ukraine is an unreliable partner and that it would therefore be in EU states' interests to engage directly with Gazprom and do away with Ukrainian transit altogether. In fact, Gazprom repeatedly stated that it intends to do just that after 2019. However, in promoting alternative pipeline routes such as…

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Tags: GAS, RUSSIA, EU, GAZPROM
Chronicle:
GAS: FROM RUSSIA WITH LOVE
2019, July, 12, 07:55:00
BRITAIN'S CLIMATE AMBITION
The UK government must show it is serious about its legal obligations to tackle and prepare for climate change, the independent Committee on Climate Change (CCC) said today as it published its Reducing UK emissions - 2019 Progress Report to Parliament.
GAS: FROM RUSSIA WITH LOVE
2019, July, 12, 07:50:00
SAUDI ARAMCO, MCDERMOTT CONTRACT $4.5 BLN
McDermott has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Aramco worth more than $4.5bn for the Marjan Increment Programme.
GAS: FROM RUSSIA WITH LOVE
2019, July, 12, 07:45:00
SAUDI ARAMCO, SAIPEM CONTRACT $3.5 BLN
As part of its larger increment programmes for Marjan and Berri, Saudi Aramco has awarded Saipem two EPCI contracts worth more than $3.5bn.
GAS: FROM RUSSIA WITH LOVE
2019, July, 12, 07:40:00
LNG PRICE: NEAR $4.5
Spot prices for August delivery to Northeast Asia are estimated to be about $4.40 per million British thermal units (mmBtu), up 10 cents from last week, trade sources said.
GAS: FROM RUSSIA WITH LOVE
2019, July, 10, 12:55:00
OIL PRICE: NEAR $65 AGAIN
WTI had climbed 93 cents, or 1.6%, to $58.76, having earlier risen to $58.84. Brent was up 70 cents, or 1.1%, at $64.86, after earlier touching $64.95.
GAS: FROM RUSSIA WITH LOVE
2019, July, 10, 12:50:00
OIL PRICES 2019-20: $67 ANEW
The Energy Information Administration (EIA) forecasts Brent spot prices will average $67/b in the second half of 2019 and remain at that level in 2020. EIA expects West Texas Intermediate (WTI) crude oil prices will average $62/b in the second half of 2019 and $63/b in 2020.
GAS: FROM RUSSIA WITH LOVE
2019, July, 10, 12:45:00
IRREVERSIBLE CLIMATE CHANGE
“The clock is ticking on irreversible climate change,” Adam Matthews, co-chair of the Transition Pathway Initiative (TPI) and the director of ethics and engagement at the Church of England Pensions Board, said in a statement.
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