Latest news
German utility EWE thinks about sale of stake in gas company VNG
EWE AG, Germany's fifth-biggest utility by sales, is in negotiations to vend its stake in gas company VNG AG, a transaction that could bring 1.3 billion euros ($1.45 billion), as stated by two sources familiar with the deal.
read more... 06/03/2015
Russia obtains $15 million gas payment from Ukraine
Russian gas exporter Gazprom declared on Thursday it had obtained a $15 million prepayment from Ukrainian state energy company Naftogaz, avoiding a possible disruption in supply, at least for a few days.
read more... 06/03/2015
British gas prices will decline since more LNG fuels coal competition
U.S. bank Goldman Sachs anticipates increasing liquefied natural gas (LNG) supplies to decrease British natural gas prices to 37 pence-per-therm in the third-quarter of 2015, reducing coal's share of the country's energy mix.
read more... 06/03/2015
Latvia will separate its natural gas utility in early 2017
Latvia will divide its natural gas utility Latvijas Gaze in two in early 2017, after which the government might purchase the gas transportation and storage business, as stated by the economy minister on Tuesday.
read more... 04/03/2015
Lithuania might not prolong long-term gas import agreement with Gazprom
Lithuania might not prolong its long-term natural gas import agreement with Russia's Gazprom after the existing one expires at the end of 2015, since it has obtained access to global LNG markets, as declared by the state-owned energy company on Monday.
read more... 03/03/2015