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Moscow and Ankara agree on 10.25% gas discount for Turkey

Russian Energy Minister Alexander Novak has unveiled that Russian state-run company Gazprom and Turkish state-owned pipeline firm BOTAS have agreed on a 10.25 percent discount concerning natural gas prices, adding that it still in negotiations with Ankara on TurkStream pipeline.

read more... 03/08/2015

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UK: Lancashire County Council rejects Cuadrilla fracking plans at two sites

Application to frack in Lancashire was rejected by the council in a setback for the shale gas industry.

read more... 03/08/2015

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EU regulators will decide on $73 billion Shell, BG transaction by September 2

European Union antitrust regulators will decide by September 2 whether to authorize Royal Dutch Shell's scheduled 47 billion pound ($73.25 billion) purchase of BG Group to become the world's top liquefied natural gas company.

read more... 31/07/2015

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Engie will make an investment of 700 million euros in Belgian reactors, profit halves

Engie's profit for the first half of 2015 decreased because of lower gas prices and the unavailability of three of its seven Belgian nuclear plants, but the French utility preserved its earnings guidance and declared it would invest 700 million euros in the life extension of two Belgian reactors.

read more... 30/07/2015

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OMV puts up for sale a 30% stake in UK North Sea Rosebank project

Austrian oil and gas company OMV envisage selling a 30% stake in the Rosebank oil and gas project in the British North Sea, as it aims cutting its budget to struggle with weakening oil prices.

read more... 30/07/2015

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