Latest news
EIB to back extension of Polish gas pipeline
The European Investment Bank (EIB) will lend 98 million euros (PLN 410 million) to the Polish gas transmission operator GAZ-SYSTEM S.A. for the extension of a gas pipeline in western Poland, from Lwowek to Odolanow.
read more... 18/06/2014
UK and China sign a milestone LNG deal
China National Offshore Oil Corporation (CNOOC) signed on Tuesday a 20-year deal with London-based oil giant BP for liquefied natural gas (LNG) supply.
read more... 18/06/2014
Daily: Crude oil held steady due to thawing ties between Iran and the West
Brent oil was steady above $113 per barrel and WTI crude oil dropped modestly on Tuesday as fears over a possible oil disruption from Iraq attenuated amid speculations that unrest in Iraq will not extend to the main oil-producing areas in the nation’s south.
read more... 18/06/2014
Russia halted gas delivery to Ukraine as talks fails
Russia halted gas supplies to Ukraine on Monday, marking the last hostile move in the conflict between the two countries. This is the third cut off to Ukraine since 2006.
read more... 17/06/2014
Europe is looking towards Azerbaijan for gas security
The EU is looking southwards for natural gas supply, eyeing Azerbaijan as a vital route for European energy security amid mounting tensions between Russia and Ukraine, posing a threat of cutting off gas supplies.
read more... 17/06/2014