Royal Dutch Shell Plc, Europe's largest oil company, is set to invest about 1 billion dollars per year in its upstream businesses in China starting from this year, as a response to the country’s surging natural gas consumption, which is expected to rise to 230 billion cubic meters by 2015, announced on Tuesday Peter Voser, the company's chief executive officer.
read more... 21/11/2012
Norwegian company Statoil, which states to be the second largest supplier of gas to Europe has signed a gas supply agreement with Germany’s Wintershall for the delivery of about 45 billion cubic meters (bcm) of natural gas to the German and other North-West European markets.
read more... 20/11/2012
Energy and Coal Industry Minister of Ukraine, Yuriy Boyko announced on Friday that Ukraine will start to import natural gas from Germany from January 1, 2013. Germany's RWE would sell Ukraine gas and it would be shipped via pipelines through Hungary.
read more... 19/11/2012
According to Gazprom CEO Alexei Miller, the final investment decision on the construction of the underwater section of the South Stream gas pipeline is to be taken by the middle of November while the construction is to start at the beginning of December.
read more... 15/11/2012
On Monday, five state-controlled Polish companies announced that they have extended the deadline on shale gas cooperation, to February 4th of next year, after they had originally set an early November date to expose all the details.
read more... 13/11/2012