Israel’s government has given the green light for the exploitation of offshore natural gas reserves, marking an important milestone for the nation’s economy.
read more... 18/08/2015
Crude oil declined about 1 percent on Monday, with WTI crude closing within a range of a fresh 6-1/2-year low on Japan declarations that its economy contracted in the second quarter and China’s downturn continued to weigh on sentiment.
read more... 18/08/2015
Spain's Endesa aims to quadruple its share of natural gas vended to firms in bordering Portugal by 2018, when it should attain 14 percent of the market, as stated in the Expresso weekly newspaper quoting a company representative.
read more... 17/08/2015
Israel's government declared on Thursday it had reached an agreement with a U.S.-Israeli conglomerate on the expansion of the vast Leviathan gas field and two other offshore wells.
read more... 14/08/2015
Poland's energy market regulator URE declared on Thursday it approved a 6.5-percent reduction in gas prices for households in a tariff compulsory until the end of this year.
read more... 14/08/2015