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Poland aims to say 'goodbye' to Russian gas by 2022

Poland, through expanding its LNG sources to Norway and Qatar this summer, targets to be on the road towards independence from Russian gas imports by 2022.

read more... 25/05/2016

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Lithuania, Estonia trimmed gas imports from Russia

Lithuania reduced its imports from Russia by 63.2% in the first quarter of 2016 compared with a year earlier to 255 million cubic meters (mcm), as all major Lithuanian gas importers this year started to purchase gas from Norway's Statoil.

read more... 23/05/2016

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Russian to lend Egypt $25bn to construct Dabaa nuclear power plant

Russia agreed to lend Egyptian government $25bn to finance building and operation of a nuclear power plant in Dabaa on the Mediterranean coast in the northwest of Egypt.

read more... 20/05/2016

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Russian gas giant Gazprom to boost its output by 8% in 2016

Russia’s gas giant Gazprom will boost its output this year by 8.1% to 452.45 billion cubic meters, said Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee.

read more... 20/05/2016

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Norway awards new offshore drilling licenses in Barents Sea for the first time in 2 decades

Norway’s government awarded on Wednesday 10 new licenses for offshore oil and gas exploration in the Barents Sea, including three in previously untapped waters near the Russian border.

read more... 19/05/2016

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