Latest news
Ukraine to cut the amount of natural gas imports from Russia
The Ukrainian Prime Minister Mykola Azarov declared that Ukraine refuses to pay for large volumes of gas from Russia, as set out in current contracts, ahead of continued negotiations with Russia, as Kiev considers them as unfair.
read more... 20/01/2012
Gamesa to start the 2012 with several new deals
Gamesa, a Madrid –based wind Energy Company, started the year by signing several contracts in order to strengthen its presence in the global energy market. The company signed an agreement with Iberdrola to provide onshore wind turbines until at least 2022, aimed to be installed for planned projects.
read more... 09/01/2012
Largest gas exporters to discuss over long-term contracts and fair gas prices
World’s largest gas exporters leaders, among which the Iranian President Mahmoud Ahmadinejad, Algerian leader Abdelaziz Bouteflika and the head of Libya’s National Transitional Council, Mustafa Abdul Jalil, participated at their first summit on Tuesday in the capital of Qatar, Doha, two days after a ministerial meeting of the 12-nation Gas Exporting Countries Forum (GECF) took place.
read more... 15/11/2011
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
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