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Spain to pay 1.4 bln euros to compensate possessors of Castor Gas

Spain will compensate the concession-holder of offshore gas facility Castor with 1.4 billion euros ($1.9 billion), after the unit was closed subsequent to seismic activity.

read more... 30/06/2014

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Adriatic Gas Corridor project: Ukraine is eyeing importing LNG from Croatia

The Ukrainian gas transportation company Ukrtransgaz is considering the possibility of importing LNG from Croatia under the Adriatic Gas Corridor project.

read more... 27/06/2014

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Total: First Danish shale gas exploration authorized

French energy major Total received the green light from a town in northern Denmark to start drilling first shale gas test wells in the Northern country where conventional gas production is depleting.

read more... 27/06/2014

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Number of fracking patents globally reached record high in 2013

The number of patents put in place for new shale extraction technology hit a record high in 2013 since oil and gas firms fought for managing intellectual property in the emergent industry, as shown by a research.

read more... 25/06/2014

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Gazprom stands firm to $2 billion figure for Ukraine’s gas outstanding debt

The Russia’s natural gas conglomerate Gazprom stands firm to its position that Ukraine has to pay its outstanding debt of about $2 billion before Moscow will take up talks over new gas-supply terms.

read more... 25/06/2014

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