Latest news
Turkish Stream project may be launched shortly
Russia and Turkey will conduct talks on the Turkish Stream pipeline construction in December this year, Gazprom head Alexei Miller told reporters in Antalya.
read more... 17/11/2015
Gazprom reduces its share in Nord Stream to 50%
Gazprom has decided to vend an extra 1 percent of its stake in the Nord Stream gas pipeline to the French company ENGIE, reducing its stake in the project to 50 percent, as mentioned by Interfax news agency on Thursday.
read more... 13/11/2015
Daily: Crude oil prices rebound by 4% on production disruption concerns in Brazil, Libya
Crude oil prices rebounded by about 4 percent on Tuesday as a hike in U.S. gasoline and diesel after a disruption on a key pipeline system added further support to oil markets already buoyed by an industry strike in Brazil and force majeure for Libyan crude loadings. Brent crude edged $1.75 higher, or 3.6 percent, to settle at $50.54 a barrel, after hitting a peak of $50.91 during the session. U.S. crude boosted $1.76, or 3.8 percent, to close at $47.90. The session's peak was $48.36.
read more... 04/11/2015
Snam considers new investments in gas transmission, distribution and storage at 5.1 billion euros
Snam, Italian gas Pipeline Company, is envisaging new investments in transport, distribution and storage, injecting 5.1 billion euro into Italy in the 2015-2018 period, while collaborating with Fluxys to expand the value of its overseas assets.
read more... 28/10/2015
Poland, Baltic leaders ink agreement on gas connection
Leaders from Poland, the Baltic States and European Commission decided on Thursday to construct a natural gas pipeline between Poland and Lithuania to shelter gas supply for the Baltic region.
read more... 16/10/2015