Latest news
Iran and Turkmenistan ink gas swap deal
Iran and Turkmenistan have inked a gas swap deal, under which Iran takes 3 million cubic meters/ d from Turkmenistan on its northeast border and will supply the same amount to Azerbaijan from its own reserves at the other side of the country.
read more... 20/10/2016
ABB preserves Power Grids unit, makes known about a $3 billion share buyback
ABB declared on Tuesday it was keeping its Power Grids business, declining calls from shareholders who have campaigned for the $11.6 billion division to be detached from the Swiss engineering conglomerate.
read more... 04/10/2016
Iran to jointly build an oil hub with China
China and Iran have inked a deal to jointly develop an oil terminal on Qeshm Islandin the southern Persian Gulf, which will turn the island into an important hub for oil production and reserves.
read more... 17/06/2016
Ukraine: increase of gas reserves by 22% year-on-year
Ukraine is coming out of the 2015/16 winter with approximately 10 billion cubic metres (bcm) in gas reserves, or an increase of 22 percent from 8.17 bcm a year earlier, according to a transport monopoly Ukrtransgaz on Monday.
read more... 01/03/2016
Spain’s Repsol unveils a significant gas discovery in Bolivia
Spain's Repsol has unveiled a discovery of 4 trillion cubic feet (tcf) of possible natural gas reserves in Bolivia that it will start drilling in 2019.
read more... 22/02/2016