Latest news

Greece, Bulgaria will sign IGB gas pipeline agreement soon

Greece and Bulgaria will sign an agreement in the next weeks to construct a gas pipeline linking the two countries, part of the Southern Corridor infrastructure scheme to transport Caspian gas to Europe, as stated by two Greek energy ministry officials on Friday.

read more... 15/06/2015

news

Italy’s Snam intends to release France-Spain gas bottleneck

Italian gas transport company Snam intends to more than double gas pipeline capacity between Spain and France to diminish Europe's reliance on Russian gas, as stated by Snam's chief executive.

read more... 11/06/2015

news

Daily: UK day-ahead gas prices tumble on UK-Belgium gas pipeline Interconnector closure

Crude oil prices recovered on Tuesday, spurred by expectations of a sixth consecutive weekly decline in U.S. crude supplies and dollar depreciation. The price of light sweet crude (WTI) for delivery in July rose $2, or 3.4%, to settle at $60.14 a barrel on the New York Mercantile Exchange. Brent crude boosted $2.19, or 3.5%, to close at $64.88 a barrel on ICE Futures Europe.

read more... 10/06/2015

news

Cyprus gas field expected to annually produce 8 bcm with pipeline to Egypt

The Aphrodite natural gas field off Cyprus is commercially feasible and plans require to yearly produce 8 billion cubic metres (bcm) and building of a pipeline to Egypt, as stated by the associates behind the project on Sunday.

read more... 08/06/2015

news

Gazprom declares China begins constructing part of Power of Siberia

China initiated construction last week of a pipeline to obtain Russian gas, as declared by Russian state gas firm Gazprom on Tuesday.

read more... 03/06/2015

news