Latest news
Italian SNAM mulls Italgas demerger
Italian gas-transportation company SNAM is envisaging a possible a spin-off of its Italgas domestic distribution unit worth more than 5 billion euros ($5.7 billion).
read more... 18/03/2016
Russia's Novatek finalizes transaction to sell Yamal LNG stake
Russia's No.2 natural gas producer Novatek declared on Tuesday it has accomplished the transaction to vend a 9.9 percent stake in the Yamal LNG project to China's Silk Road Fund for 1.09 billion euros ($1.2 billion).
read more... 16/03/2016
Poland's Azoty intends to acquire more gas from Gazprom-supplied PGNiG
Poland's biggest chemicals firm Grupa Azoty, which surpassed 2015 profit forecasts on Friday due to low gas prices, plans to acquire more gas from its main provider PGNiG.
read more... 14/03/2016
Amec Foster Wheeler will vend GPG division, halve net debt in 15 months
British oil and gas services firm Amec Foster Wheeler Plc declared it would sell its Global Power Group division since it exits several of its non-core assets and halve its net debt in the next 15 months.
read more... 11/03/2016
Chevron launches a milestone LNG project in Australia
The Australian subsidiary of Chevron has launched its $54 billion Gorgon liquefied natural gas project in Australia, following construction delays, union woes, and multi-billion-dollar budget blow-outs.
read more... 10/03/2016