Latest news
GDF Suez to become a natural gas storage leader
French utility GDF Suez has inked a deal to buy 5 natural gas underground storage facilities in Germany and a 19.7% stake in another one, strengthening its leading position in Europe.
read more... 06/09/2011
Important step in Indian gas development
British oil giant, BP and India’s Reliance Industries Limited (RIL) announced the acquisition of a 30 per cent stake in 21 oil and gas production sharing contracts (PSCs) that Reliance operates in India, including the producing KG D6 block.
read more... 02/09/2011
Shell to explore Ukrainian gas shale
Royal Dutch Shell and the Ukrainian state-owned gas company, Naftogaz have firmed on Thursday an updated agreement on joint efforts to search and develop oil and gas fields in the Dnieper-Donets Basin, east of Ukraine
read more... 02/09/2011
Greece renegotiates lower gas prices with Gazprom
The public gas supply corporation of Greece, called DEPA, has successfully renegotiated the long- term supply contracts with the Russian energy giant, Gazprom.
read more... 01/09/2011
Tax rebates for natural gas imports in China
China will offer a tax rebate for its growing imports of natural gas, as well as for piped gas from Central Asia and seaborne shipments of LNG. The rebates will be in force from 2011 to 2020 and will be applied in case of higher costs of imports than the domestic wholesale prices.
read more... 30/08/2011