Latest news
China to obtain Russian gas
Russia and China are likely to reach framework agreements on gas supplies by the end of March, deputy Russian Prime Minister Arcady Dvorkovich, who is currently on a visit to Beijing, said in a statement. Dvorkovich said that Gazprom and the Chinese partners are engaged in active talks on the terms of Russian gas supplies to China.
read more... 27/02/2013
Tri-lateral contract on TAP between Italy, Albania and Greece
The governments of Greece, Albania and Italy have signed a trilateral agreement to build a Trans-Adriatic Pipeline (TAP) for Europe, as part of efforts to expand the region’s natural gas supply away from Russian dependence.
read more... 14/02/2013
It is official: Ukraine signed a major shale drilling deal with Shell
Ukraine and the world oil giant Royal Dutch Shell signed on January 24 a $10 billion shale gas production sharing agreement aimed at helping the ex-Soviet country to reduce its dependence on Russia.
read more... 31/01/2013
Gazprom requires 7 billion dollars for imports of gas to Ukraine
National Naftogaz of Ukraine received from Gazprom a 7 billion dollars bill. In January 2009, the two companies have signed an agreement according to which Ukraine had to buy from Moscow at least 41 billion cubic meter of gas a year, and if consumes less, it is obliged to pay a penalty. In fact the country imported last year less gas than stipulated in the contract, about 33 billion cubic meters.
read more... 28/01/2013
Ireland to power millions homes in UK through wind power
Irish Minister for Communications, Energy and Natural Resources, Pat Rabbitte, and his British counterpart, Ed Davey, are to sign an agreement to export wind energy from Ireland to power millions homes in the UK. Ireland has agreed to sell wind energy to Britain in a move that could create thousands of jobs by 2020.
read more... 25/01/2013