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Bulgaria launches tenders for offshore gas and oil exploration

Bulgaria, ready to diminish its almost total reliance on Russian gas, has opened two tenders for deepwater gas and oil exploration off its Black Sea coastline, as stated by the energy ministry on Monday.

read more... 21/04/2015

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Germany’s EWE purchases VNG shares from Gazprom

German utility EWE will acquire shares in eastern German gas transmission firm VNG from Russia's Gazprom to increase its stake to 74.2 percent, as it stated on Wednesday.

read more... 16/04/2015

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Russia’s Gazprom will make an extra investment of $4 billion in Asia push

Russia's major producer of natural gas, Gazprom, intends to raise its 2015 investments by minimum $4 billion to accelerate plans to forge closer connections with Asia, as declared by Chief Executive Alexei Miller on Tuesday.

read more... 15/04/2015

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Lithuania thinks about re-exporting LNG since Russian gas becomes cheaper

Lithuania is envisaging to permit its liquefied natural gas import terminal to re-export LNG to global markets during summer when local demand drops, as stated by the facility's operator on Monday.

read more... 15/04/2015

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Russia might offer Greece advance funds for future gas project

Russia is thinking about soon offering Greece funds based on future earnings it could obtain from conveying Russian gas to Europe as part of a pipeline development, as stated by two Greek government sources on Wednesday.

read more... 09/04/2015

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