Latest news
UK accepts investments from gas and oil firms
The UK government has announced a series of investments by oil and gas companies that will develop a new research centre and will create thousands of jobs all over the UK. Six separate announcements include plans for new oil and gas fields in the North Sea in a £1.4 billion project which is supposed to supply around 5% of the UK's gas production from 2015. Each announcement represents a different project that is to be built.
read more... 10/08/2012
Turkish private gas companies to eye Bulgarian market
Private Turkish companies are manifesting interest in supplying natural gas to Bulgaria, according to Energy and Economy Minister Delyan Dobrev.
read more... 08/08/2012
Italy: Eni unveils a new major discovery off Mozambique
Eni, the Italian oil and gas group, has raised its estimates of natural gas reserves off the coast of Mozambique during its fifth successful drilling, boosting the yield of a significant gas field off the southeast African nation.
read more... 03/08/2012
Italy: Snam obtains a € 400 million loan for the construction of the 2 new gas pipelines
The European Investment Bank (EIB) and the Cassa depositi e prestiti (CDP) have approved today a loan agreement totaling up to 400 million euros for a 20-year term for Snam Spa, with a first tranche of 300 million, already approved by EIB, while a second tranche will be available by 2012.
read more... 02/08/2012
Shell to invest in China’s unconventional gas exploitation projects
Global energy giant Royal Dutch Shell is eyeing to participate in China’s unconventional gas exploitation projects, especially shale and tight gas.
read more... 31/07/2012