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Turkmenistan begins work on gas connection to Afghanistan, Pakistan, India

Turkmenistan on Sunday started work on its part of a natural gas pipeline to Afghanistan, Pakistan and India (TAPI), a $10 billion project intended to cut its reliance on gas sales to Russia and China.

read more... 14/12/2015

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Bulgaria and Greece ink agreement to begin constructing gas pipeline

Bulgaria and Greece on Thursday inked a final investment deal to construct a natural gas pipeline to aid Sofia reduce its almost complete dependence on Russian gas supplies.

read more... 11/12/2015

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Engie will vend thermal plants in U.S.

French gas and electricity conglomerate Engie intends to announce the sale of its thermal power generation plants in United States, and others might follow, as reported in the financial daily Les Echos.

read more... 11/12/2015

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Total, Goldman Sachs: Oil and gas prices likely to fall further in 2016

The oil prices are not likely to recover in 2016, according to declarations made by France’s Total and Goldman Sachs at a time when Brent crude plunged below $42/barrel following OPEC 168th meeting which did not yielded any production cuts.

read more... 09/12/2015

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The United States of.. Gas & Oil are 73% cheaper than EU

We've been talking about it for months, crude oil is not performing as every oil tycoon and trader would wish to and if we take into analysis the average value year on year, the Brent is about to close 2015 with a strong decline of about 44.8% compared to 2014, average price as of today is about 54.8 $/bbl , touching lows not familiar even during early post 2008-2009 financial crisis. The average price in 2009 was 62.69 $/bbl.

read more... 08/12/2015

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