Germany's E.ON desires to obtain for its 47.2 percent stake in gas utility Latvijas Gaze about 220 million euros ($300 million), which is considered too much, according to the country's prime minister on Wednesday.
read more... 12/06/2014
Russia's Gazprom has postponed a deadline for Ukraine to begin paying in advance for natural gas supplies to next Monday, since EU-brokered negotiations persist over the price, as stated by the gas firm's chief executive, Alexei Miller.
read more... 11/06/2014
Russia, Ukraine and the European Commission negotiated eight hours on Tuesday without reaching an agreement on working out a gas pricing dispute, increasing the risk of halt in supply.
read more... 10/06/2014
A bill proposed by U.S. Senator Edward Markey on Thursday aims to reduce Ukraine's fuel reliance on Russia by improving its heating infrastructure and renewing its Soviet-era natural gas drilling potentials.
read more... 06/06/2014
The calculation of French regulated gas tariffs should be related more strongly to gas market prices since market main player GDF Suez renegotiates more of its supply agreements, as stated by energy regulator CRE in a report published on Wednesday.
read more... 05/06/2014