Global Energy Industry News

Islamic State torches oil field east of Tikrit – witness

March 5, 2015
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BAGHDAD, March 5 (Reuters) – Islamic State militants have set fire to oil wells in the Ajil field east of the city of Tikrit to try to hinder aerial attacks aimed at driving them from the oilfield, a witness and military source said.
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Source:: Reuters UK […]

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EU energy chief says Moscow’s new gas route legally flawed

February 4, 2015
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BRUSSELS, Feb 4 (Reuters) – Russia’s proposal to pump gas to the Turkish-Greek border and from 2019 to cease using Ukraine as its main energy transit route to Europe is in breach of legally binding contracts and is economically flawed, the EU’s energy chief said on […]

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Suez Canal sets discount for LNG carrier transit toll at 25 pct, down from 35 pct

February 4, 2015
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ISMAILIA, Egypt Feb 4 (Reuters) – The Suez Canal Authority said on Wednesday transit tolls would remain steady in 2015, except for a reduction in the discount for liquefied natural gas (LNG) carriers.

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Source:: Reuters UK Natural Resources […]

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Oil price, Sundry- EOG, Velocys, President, and finally…

January 8, 2015
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Oil price Yesterday the oil price just wasn39t quite sure which way to hang and right up to the end of trading Brent might not have had its first up day of the year. Also WTI flirted with support

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Source: Oil Voice […]

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