Europe

New Pipeline will Triple Azerbaijan’s NatGas Piped to Europe, Avoiding Russia

October 14, 2015

303 mile pipeline expansion in Azerbaijan is the first leg of a 1,993 mile journey to southern Europe Construction or preliminary work has begun on three pipelines designed to flow natural gas supplies from Azerbaijan to consumers in Turkey, Bulgaria, Greece and Italy, according to the Energy Information Administration (EIA). The South Caucasus Pipeline Expansion (SCPX) is proposed to take

Oil prices fall on fading storm impact, Chinese economic data - Oil&Gas360

Oil Prices Fall Lower with Stock Market

August 24, 2015

Concerns in China push global markets down China’s Shanghai Composite index saw the single largest one-day percentage loss since 2007 earlier today, shedding 8.5% of its value. Even as Chinese authorities allowed pension funds managed by local governments to invest in the stock market for the first time, potentially channeling hundreds of billions of yuan into the country’s market, concerns

Gazprom Gas Production Down 19% Year-over-Year

July 22, 2015

Russia’s gas giant faces falling demand at home and abroad, lowest output in company history Gazprom (ticker: OGZPY), Russia’s state-owned gas giant, is seeing rapidly declining production as demand for its gas falls both at home and abroad. The company’s output in June fell by 19% compared to the same month in 2014 to a record low of 24.7 Bcm,

Europe’s Natural Gas Demand Down 22% since 2010 and Falling

July 21, 2015

The E.U. is the only major economy showing steady declines in natural gas demand Demand for natural gas has been growing around the world, albeit at a slower pace than many had hoped, but the European market has actually show a decline in natural gas demand since 2010. All other major gas consuming countries have shown increases in demand going

European Refiners Looking Forward to Receiving Iranian Crude

July 16, 2015

Lower prices for Iran’s oil mean better margins for refiners, competition for Russia Refineries across Europe are anticipating the return of Iranian crude oil to their operations, and the potentially higher margins as added crude pushes prices down further. Approximately 27.5% of Iran’s crude exports were to Europe in 2011, and refiners are excited to see the crude return, according

New Pipeline will Triple Azerbaijan’s NatGas Piped to Europe, Avoiding Russia

Oil Prices Fall Lower with Stock Market

Gazprom Gas Production Down 19% Year-over-Year

Europe’s Natural Gas Demand Down 22% since 2010 and Falling

European Refiners Looking Forward to Receiving Iranian Crude

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