Latest news
Nord Stream 2 compromise probable if transit through Ukraine maintained
The intended Nord Stream 2 pipeline which would double Russia's gas export capacity to Germany might continue as long as Russia does not stop gas flowing through Ukraine, as stated by Czech Industry Minister Jan Mladek on Tuesday.
read more... 07/01/2016
UK oil and gas fields set a production performance for the first time on 15 years
Britain’s oil and gas fields have boosted production for the first time in more than 15 years, according to UK’s government statistics.
read more... 05/01/2016
Norway is Western Europe's major gas provider, Russia the second
Norway was Western Europe's top gas supplier in 2015, but Russia tightened the gap from the preceding year, as indicated by preliminary data on Monday.
read more... 05/01/2016
Spanish gas utility obtains €600 million from EU bank
A gas firm in Spain has obtained a loan estimated at €600 million (£443m) from the European Investment Bank (EIB).
read more... 04/01/2016
Oil and gas companies across the world to slash their capital expenditure in 2016
World’s largest oil and gas producers are facing the toughest period of spending cuts in decades, as crude prices are at 11-year lows.
read more... 04/01/2016