Latest news

Norway is Western Europe's major gas provider, Russia the second

Norway was Western Europe's top gas supplier in 2015, but Russia tightened the gap from the preceding year, as indicated by preliminary data on Monday.

read more... 05/01/2016

news

China insurance fund will make an investment in Russia's Yamal LNG

More than 40 Chinese insurance firms and asset managers have conjointly launched an investment company, increasing 40 billion yuan ($6 billion) for a first fund to finance energy and infrastructure projects overseas, as stated by China's insurance regulator.

read more... 05/01/2016

news

Spanish gas utility obtains €600 million from EU bank

A gas firm in Spain has obtained a loan estimated at €600 million (£443m) from the European Investment Bank (EIB).

read more... 04/01/2016

news

Oil and gas companies across the world to slash their capital expenditure in 2016

World’s largest oil and gas producers are facing the toughest period of spending cuts in decades, as crude prices are at 11-year lows.

read more... 04/01/2016

news

Ireland gives permission for Shell’s gas project

The Irish Government has given go-ahead for Shell to run a natural gas pipeline.

read more... 04/01/2016

news