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Latvia’s gas utility expects monopoly loss after 2017 sector restructuring

Latvian gas utility Latvijas Gaze, possessed by Germany's E.ON and Russia's Gazprom, anticipates to lose its domination in a liberalization of the sector after 2017, according to its spokesman on Wednesday.

read more... 27/11/2014

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LNG transporter Hoegh predicts challenging market until 2016-2017

Oslo-listed liquefied natural gas (LNG) transporter Hoegh LNG registered third-quarter profits below expectations on Wednesday and declared its market could continue to be tough for the next two to three years because of an oversupply of vessels.

read more... 27/11/2014

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Eni obtained approval from Ghana for $6 billion offshore gas project

Ghana's government has given Italian energy company Eni the final approval to expand gas resources in the Offshore Cape Three Points (OCTP) block, likely to start production in 2017, it said on Monday.

read more... 25/11/2014

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Tamar gas corporation plans improvement, counting pipeline to Egypt

Israel's offshore Tamar gas field could obtain an improvement of $1.5-$2 billion, counting the construction of an undersea pipeline to an export plant in Egypt operated by Spain's Union Fenosa Gas (UFG).

read more... 21/11/2014

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New England electricity grid informs about winter natural gas restrictions

New England must have sufficient power to satisfy demand this winter but the natural gas pipeline restrictions that led to price increases on the coldest days last winter will be a worry again this year, as stated by the region's electricity grid operator on Thursday.

read more... 21/11/2014

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