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French gas prices will increase by 2.76 % on July 1, according to regulator

GrDF, the distribution division of French gas firm Engie will increase its prices by 2.76 percent on July 1, below its requested raise of 11.4 percent, as stated by the French energy regulator CRE on Monday.

read more... 23/02/2016

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Spain’s Repsol unveils a significant gas discovery in Bolivia

Spain's Repsol has unveiled a discovery of 4 trillion cubic feet (tcf) of possible natural gas reserves in Bolivia that it will start drilling in 2019.

read more... 22/02/2016

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Rosneft inks an accord with PDVSA to produce gas in Venezuela

Russia's major oil producer Rosneft and Venezuela's state oil firm PDVSA inked a deal to establish a joint venture to develop natural gas in the South American country, as stated by Rosneft on Saturday.

read more... 22/02/2016

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Italy’s Eni to spend $4 bln on first phase of Zohr gas field in Egypt

Italian energy major Eni has invested $4 billion in the development of the first phase of Egypt's giant offshore Mediterranean gas field, Zohr, comprising the drilling of four wells, according to an Egyptian official.

read more... 16/02/2016

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Royal Dutch Shell achieves BG takeover

Royal Dutch Shell, the Anglo-Dutch giant, became the world's second liquefied natural gas company after completing its $53 billion acquisition of British giant BG Group.

read more... 16/02/2016

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