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North Stream Line 1 delivers gas at full capacity

The first line of Russia’s Nord Stream gas pipeline, which lays across the Baltic Seabed to Germany, has reached its full operating capacity, according to a Gazprom official declaration.

read more... 24/05/2012

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RWE launches drilling for gas in North Sea

The German energy major RWE Dea announced it launched the drilling at the Breagh field, which is one of the largest natural gas discoveries under development in the UK Southern North Sea.

read more... 23/05/2012

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Gazprom to buy power plants in Western Europe

The Russian energy giant, Gazprom aims to purchase power plants in Western Europe, efforts welcomed by Russia’s energy minister Anatoly Yanovsky, who sees the movement as a normal and proper business.

read more... 22/05/2012

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Shell CEO: US natural gas prices expected to double by 2015

US natural gas prices are expected to double from recent 10-year lows by 2015 due to soaring US demand for fuel, Royal Dutch Shell chief executive Peter Voser told Financial Times newspaper in an interview.

read more... 21/05/2012

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Bulgaria, Gazprom to conclude a deal to cut Russian gas prices

Bulgaria and the Russian gas giant Gazprom are looking to conclude an agreement to cut the price of natural gas to Bulgaria by 11.1% and as well as removing intermediary companies from the supply chain in exchange for the country's support for the South Stream gas pipeline project.

read more... 21/05/2012

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