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Lithuania inks non-binding agreement for U.S. LNG

Lithuanian liquefied natural gas (LNG) importer Litgas has inked a non-binding deal to acquire LNG from the United States' first export terminal, as stated by the company on Saturday.

read more... 02/03/2015

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Statoil: contract of NOK 8 billion for oil platform awarded to Aibel

Statoil has awarded a deal estimated at NOK 8 billion (£0.7bn) to construct an offshore drilling platform.

read more... 26/02/2015

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EC: GE – Alstom deal may cripple the major competitors in heavy-duty gas turbines business

EU antitrust regulators launched on Monday a full-scale investigation into General Electric’s €12.4bn (£9.1bn) bid for Alstom’s power equipment business.

read more... 24/02/2015

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Hungary seals favorable gas deal with Russia, defying Europe, protests

Hungary and Russia sealed a natural gas deal, during the official visit Tuesday by Russian President Vladimir Putin to Hungary.

read more... 18/02/2015

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Supply squeeze to increase European gas price variability

Europe deals with higher instability in natural gas prices since delayed Russian gas acquirements bounce stored reserves and curbs on Dutch output tighten supply.

read more... 11/02/2015

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