Latest news
Hungary: South Stream pipeline – the single way to guarantee gas supply
Hungary plans to initiate the construction of its stretch of the South Stream gas pipeline backed by Russia next year in spite of European and U.S. resistance since it considers the project as the single way to guarantee supply, as stated by a senior government representative.
read more... 20/11/2014
Italian energy company Eni develops its operations in gas-rich Turkmenistan
Italian oil and gas most important company Eni has accepted a succession of agreements with Turkmenistan to develop its activities in the gas-rich nation since it turns raising attention eastwards to spur expansion.
read more... 19/11/2014
GDF Suez plans to vend Hungarian power trading business to MET Group
French utility GDF Suez intends to vend its Hungarian power trading unit to Hungarian energy trader MET Group, 40 percent possessed by oil and gas company MOL, as stated by the firms.
read more... 18/11/2014
France: Slight decrease of regulated natural gas tariffs as of 1st December
Regulated gas tariffs in France will decline by an average of 0.79% (excluding taxes) from December 1st, announced the Energy Regulatory Commission (CRE) on November 17. This decline comes after two consecutive months of increases.
read more... 18/11/2014
Lithuania will pay at least 10 % more for Norwegian LNG than for Russian gas
Lithuania will pay for liquefied natural gas (LNG) imported from Norway minimum 10 percent more than for Russian pipeline gas in 2015, as stated by a state-owned LNG importer on Thursday.
read more... 14/11/2014