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Statoil in negotiations to supply LNG to Lithuania's Achema

Statoil is in the final stages of negotiations to supply liquefied natural gas (LNG) to Lithuanian fertiliser producer Achema, the Baltic state's largest gas consumer, as declared by the Norwegian oil and gas firm on Wednesday.

read more... 22/01/2016

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Linde wins major order from Gazprom to build gas processing plants

German industrial-gases conglomerate Linde won a significant order from Russia's Gazprom to construct natural-gas processing plants in the far east of Russia.

read more... 22/01/2016

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E.ON first Big Six supplier will reduce gas prices

E.ON has made known it will cut its standard household gas prices by 5.1%.

read more... 21/01/2016

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China’s oil consumption hiked 2.5% in 2015 despite economic slowdown

China’s oil consumption bounced 2.5% in 2015 on strong gasoline and kerosene demand, despite a slowing economy and declining demand for other commodities such as coal and steel.

read more... 20/01/2016

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EU agrees to develop European grid to reduce need for Russian gas

EU member states on Tuesday approved a plan to invest over 200 million euros ($217 million) in cross-border energy infrastructure projects intended to aid reduce dependence on Russian gas.

read more... 20/01/2016

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