Latest news
Eni and Kogas failed to find useable hydrocarbons off Cyprus
Italian energy firm Eni and Korea Gas Corp (KOGAS) found no exploitable hydrocarbons off Cyprus, the second time energy companies have drawn blanks in recent months in what was otherwise considered a promising region.
read more... 27/03/2015
BP estimates Tanap gas pipeline project agreement within two months
British oil major BP anticipates to ink an agreement with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to turn into a stakeholder in the multi-billion dollar project that wishes to diminish Europe's dependence on Russian gas.
read more... 26/03/2015
Enagás and Fluxys purchase Swedish grid operator Swedegas
A partnership of Spanish and Belgian gas transmission firms Enagás and Fluxys has bought Swedish gas transmission grid operator Swedegas.
read more... 24/03/2015
Daily: British prompt gas prices decline on firmer supply from Norway
Crude oil prices increased on Monday, buoyed by weaker dollar that counterbalanced pressure on prices from a supply glut. Oil prices were pressured as Saudi Arabia has stood firm on its decision to keep production levels, saying it would consider reducing output only if producers outside OPEC also did so. U.S. crude futures rose by 88 cents to settle at $47.45 on Monday, up 1.9 percent. Brent price boosted more than 1 percent to close up 60 cents at $55.92 per barrel.
read more... 24/03/2015
Bulgaria and Romania start joint tender to finish gas connection
Bulgaria started a joint tender with Romania to accomplish the much-postponed gas interconnector between the Balkan neighbours, as declared by the state owned gas network operator Bulgartransgaz.
read more... 23/03/2015