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French Total to explore shale gas in the UK

France’s Total, Europe’s third-largest oil company, is envisaging investing in shale gas exploration in the UK, said the company’s CEO Christophe de Margerie.

read more... 15/02/2013

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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

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Ukraine to diversify its gas supplies away from Russia

Ukraine is envisaging importing natural gas from Europe via Hungary and Slovakia in the first quarter of 2013, as it is trying to diversify its supplies away from Russia’s Gazprom.

read more... 13/02/2013

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Angela Merkel’s coalition supports the acceleration of shale gas fracking

Chancellor Angela Merkel’s coalition is pledging for easing the extraction of natural gas by hydraulic fracturing methods, withdrawing a virtual moratorium on the controversial fracking in some German regions.

read more... 11/02/2013

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Gazprom to cut prices for European customers in 2013

Gazprom, the world's biggest gas producer, has announced on Friday that it has set aside 3.5 billion euro for retroactive price concessions to major European customers in 2013. That comes as a reaction to the declining demand because of the Europe’s economic crisis, energy efficiency drives and competition from liquefied natural gas.

read more... 11/02/2013

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