Latest news
Gazprom to extend its underground gas storages to unfreeze Europe
Gazprom, Europe’s main supplier of natural gas is planning to invest between 200 million and 300 million euros to double its underground natural gas storage in order to make sure the Siberian cold doesn’t freeze up pipelines, Gazprom Deputy CEO Alexander Medvedev said on Wednesday.
read more... 17/02/2012
ENI makes new deepwater gas discovery offshore Mozambique
The Italian giant, ENI has announced a new major gas discovery in the Mamba North 1 prospect, in Area 4 Offshore Mozambique, being the second significant discovery off Mozambique since October 2011.
read more... 16/02/2012
Bulgaria becomes the second country in the world to ban shale gas exploration
The Bulgarian parliament has banned the hydraulic fracturing technique, becoming the second country after France to impose a moratorium on the practice.
read more... 15/02/2012
Gazprom to double natural gas reserves to Europe
The Russian giant Gazprom announced it will double its underground gas storage capacity in Europe as it intends to improve supply security to the European countries.
read more... 14/02/2012
Gas flows from Azerbaijan to Turkey return to regular levels
The technical failure that halted natural gas flows from Azerbaijan and Iran to Turkey last week was resumed, Turkish Energy Minister Taner Yildiz said.
read more... 13/02/2012