Latest news
Iran and Iraq seal a 6-year gas deal
Iran and Iraq sealed a 6-year gas deal on November 11, under which Tehran will export 25 million cubic meters per day (mcm/d) to feed three power plants in Iraq’s port city of Basra.
read more... 12/11/2015
Statoil establishes tougher 2020 CO2 target to reduce increasing emissions
Norway's Statoil set a new goal on Wednesday to improve the efficiency of its oil and gas operations by 2020 to aid reduce the firm's increasing carbon dioxide emissions.
read more... 12/11/2015
ENGIE to purchase LNG “made in the USA”
France will soon use liquefied natural gas from the United States to cover its energy needs, as French gas companies are not allowed anymore to exploit unconventional resources following the adoption of anti-fracking law in 2011.
read more... 11/11/2015
2015 World’s top oil and gas firms
Oil and gas firms are among the world’s largest corporations. According to 2015 Financial Times Global 500 list, among the global top 10 oil and gas companies based on net income are the. U.S. firm Exxon Mobil, which is ranked first, with a total net income of about 32.5 billion U.S. dollars, followed by Chevron U.S., PetroChina etc.
read more... 11/11/2015
Italy's Snam interested in acquiring 17 pct stake in Greek gas network from SOCAR
Italian gas grid operator Snam would like to purchase a 17 percent stake in Greek gas grid operator DESFA from SOCAR, as stated by the Azeri state energy company's president on Tuesday, in an agreement that may calm European Commission worries.
read more... 11/11/2015