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Austria: personal gas aspirations aided to keep Russian pipeline safe

Gazprom's South Stream pipeline project has been saved by Austria last month in order to bring its own gas from the Black Sea, according to a source. This would be the first time the Russian gas exporter has consented to a rival’s gas access to its pipelines.

read more... 15/05/2014

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Egdon turns into UK’s second major shale gas actor with Alkane accord

Oil and gas explorer Egdon Resources made known about its decision to takeover Alkane Energy's shale gas assets making it Britain's second-biggest shale gas firm.

read more... 14/05/2014

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Russia warns about gas cut if Ukraine does not pay by June 2

Russia repeated on Monday its threat to cut natural gas supplies to Ukraine if Kiev would not be able to pay in advance for June deliveries, stating as well that more discussions on the matter were also conditional on payment.

read more... 13/05/2014

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BP plans to make a $1.5 billion investment in Egypt in 2014

BP aims to make a $1.5 billion investment in 2014 to raise its natural gas production in Egypt, affected by an energy crisis after three years of political chaos, according to the state news agency MENA on Sunday.

read more... 12/05/2014

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Centrica decides to sell UK gas plants, lower 2014 earnings

Britain's Centrica anticipates the company will have lower than predicted earnings in 2014 and decided to vend its three major gas-fired power plants.

read more... 09/05/2014

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