Latest news
Hungary seals favorable gas deal with Russia, defying Europe, protests
Hungary and Russia sealed a natural gas deal, during the official visit Tuesday by Russian President Vladimir Putin to Hungary.
read more... 18/02/2015
Ukraine to spend $1 billion to build up a strategic gas reserve
Ukraine has unveiled a plan to borrow $1 billion to create a strategic gas reserve in order to reduce its reliance on fuel imports from Russia.
read more... 17/02/2015
Average price of Russian gas set to plummet by up to 35% this year
The price of Russian gas supplied to most of the European countries and Turkey could plummet by up to 35% in 2015, tracking lower oil prices, according to Russian newspaper Vedomosti.
read more... 16/02/2015
Centrica examines final offers for UK gas plants
British utility Centrica is in the process of evaluating final offers for the gas-fired power plants it has put on sale but bids are estimated to be below the firm's target price of 500 million pounds ($767.8 million), according to sources familiar with the matter.
read more... 13/02/2015
E.ON conclude pipe and shipping agreements to export LNG from U.S.
German utility E.ON is developing its global liquefied natural gas (LNG) business after inking tanker and pipeline agreements permitting it to export from the United States, not being discouraged by fading market conditions.
read more... 13/02/2015