Latest news
Russia’s Stroitransgaz to construct South Stream traversing Bulgaria
Russian natural gas exporter Gazprom stated on Tuesday it had chosen a conglomerate run by Russia's Stroitransgaz to extend the South Stream pipeline across Bulgaria at an estimated cost of over 3 billion euros ($4.10 billion).
read more... 28/05/2014
A conglomerate run by BP awards a contract of $375 million for Shah Deniz gas project
A conglomerate run by BP and the South Caucasus Pipeline Company has awarded a contract for pipeline construction estimated at $735 million to a consortium of companies to facilitate the expansion of the Shah Deniz II gas project in Azerbaijan which gives Europe a possibility to diminish dependence on Russian gas.
read more... 27/05/2014
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 in a research on Tuesday.
read more... 27/05/2014
Gazprom division and Novatek sign agreement on Yamal gas supply
Gazprom's trading division GMT signed an agreement on Friday with Russia's second-major gas producer Novatek to purchase 3 million tonnes of liquefied natural gas per year from the Yamal project.
read more... 26/05/2014
Argentina purchases LNG from Vitol, Gazprom and Excelerate Energy
Argentina will receive liquefied natural gas (LNG) cargoes from Houston-based Excelerate Energy, Swiss trader Vitol and Russia's Gazprom Marketing and Trading over the next months, according to trade sources.
read more... 23/05/2014