Latest news
Lundin Petroleum finds gas in Norway’s Zulu prospect
Swedish oil and gas company Lundin Petroleum has discovered gas in an exploration well at its Norwegian Zulu prospect northeast of the giant Johan Sverdrup field in the North Sea, as stated by the firm on Friday.
read more... 09/02/2015
Egypt working on oil and gas exploration agreements estimated at $9.2 billion
Egypt works on three major oil and gas agreements estimated at $9.2 billion, after attracting investment of approximately $2.9 billion for oil and gas exploration in only a year, as stated by a representative of the energy ministry.
read more... 06/02/2015
Egypt inks an agreement with Trafigura for 33 LNG cargoes
Egypt has inked an agreement with trading house Trafigura to import 33 shipments of liquefied natural gas (LNG) spread over 2015 and 2016, the lion's share of a transaction settled with trading firms, as stated by the energy ministry on Thursday.
read more... 06/02/2015
Ukraine sees reduced European summer gas prices, to boost reserves
European summer spot gas prices for Ukraine might decrease to between $250 and $300 per 1,000 cubic metres, permitting Kiev to raise its underground storage reserves, as stated by Ukrainian Prime Minister Arseniy Yatseniuk on Wednesday.
read more... 05/02/2015
Shale gas fracking rejected in Wales
The Welsh parliament has voted against the utilization of shale gas fracking in Wales, just one week after Scotland passed a fracking moratorium, accentuating increasing dissatisfaction with the British government's ambition to blow shale gas resources.
read more... 05/02/2015