Latest news

Italian energy company Eni develops its operations in gas-rich Turkmenistan

Italian oil and gas most important company Eni has accepted a succession of agreements with Turkmenistan to develop its activities in the gas-rich nation since it turns raising attention eastwards to spur expansion.

read more... 19/11/2014

news

Shah Deniz II initial gas supplies to Europe in the first quarter of 2020

Europe will receive the first gas from Azerbaijan's Shah Deniz II project in the first quarter of 2020, as stated by BP spokesman on Friday.

read more... 10/11/2014

news

Eni signs cooperation deal with Kogas for liquefied natural gas operations

Eni signed a collaboration accord with Korea Gas Corporation (KOGAS) to further reinforce their relationship in a number of areas, mainly in the upstream and LNG sectors. The deal will permit the firms to jointly track opportunities globally.

read more... 20/10/2014

news

Statoil: Shah Deniz stake sold for $2.25 billion to Petronas

Norway's Statoil has vended a stake of 15% in the Azeri gas project Shah Deniz to Malaysia's Petronas for $2.25 billion, the newest asset the company is vending to guard its cash flow and profits to shareholders.

read more... 13/10/2014

news

Decreasing energy prices inform on weakening world economy

A sharp decline in energy prices around the world informs on worsening of the global economy since China's decade-long expansion stopped, in addition to Europe's long fight with collapse.

read more... 03/10/2014

news