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Mozambique and Eni ink 20-year LNG sales deal with BP
Mozambique and Italy's Eni have inked a 20-year agreement to vend BP liquefied natural gas (LNG), a significant step in getting a long-delayed project off the ground, as declared by state energy company ENH on Tuesday.
read more... 05/10/2016
Azerbaijan to start gas deliveries to Balkan Gas Hub by 2020
Gas from Azerbaijan’s giant Shah Deniz 2 in the Caspian Sea will enter the Balkan Gas Hub in Bulgaria by 2020, as assured by Azerbaijan’s state oil company SOCAR.
read more... 03/10/2016
Algeria and ENI ink solar plant agreement
Algerian state energy firm Sonatrach has inked an agreement with Italian company ENI for a solar power plant, as declared by a state news agency APS on Friday, since the North African state looks to reduce domestic consumption of gas for electricity and export more.
read more... 26/09/2016
Daily: Oil prices continue to increase on supply data, weaker dollar
Oil prices continued to rise on Thursday, encouraged by the previous day’s unexpected decline in U.S. inventory levels and the weakening U.S. dollar.
read more... 23/09/2016
Novatek likely to start first Yamal LNG cargoes in 2017
Novatek, Russia's second largest gas producer, intends to start liquefied natural gas (LNG) production at Yamal in the second semester of 2017 and to convey its first cargoes before the end of that year, as stated by a senior executive.
read more... 20/09/2016