Latest news
Russia: Yamal LNG will obtain state support of 150 billion roubles in first quarter
A project to produce liquefied natural gas, Yamal LNG, may obtain state support of 150 billion roubles ($2.5 billion) from Russia's National Wealth Fund in the first quarter, as stated by Interfax news agency citing an economy ministry representative on Thursday.
read more... 19/12/2014
Egypt inks its first shale gas deal with Apache, Shell
Egypt has inked its first deal to extract shale gas using fracking technique with Apache and Shell Egypt, announced the Ministry of Oil.
read more... 18/12/2014
Portugal: EDP vends several Spanish gas assets for 236 million euros
EDP-Energias de Portugal Spanish division Naturgas decided to vend natural gas distribution assets in three Spanish districts to Redexis, a holding firm of Goldman Sachs Infrastructure Partners, for 236 million euros ($295 million), as stated by EDP on Tuesday.
read more... 17/12/2014
Ukraine: Chevron intends to withdraw from $10 billion shale gas agreement
U.S. energy major Chevron intends to pull out of a $10 billion shale gas deal with Kiev, according to the declaration made on Monday by a senior Ukrainian presidential representative.
read more... 16/12/2014
National Grid awarded Centrica agreements for winter electricity backup
National Grid awarded British utility Centrica contracts for the supply of further electricity capacity from two of its gas-fired power plants in the winter of 2015/16.
read more... 16/12/2014