Latest news
BG in negotiations to bring in gas to Egypt from Cyprus
BG Egypt, a division of global energy firm BG held negotiations on Tuesday to import natural gas from Cyprus, as stated by the company on Wednesday.
read more... 23/10/2014
Shell discovers gas fields in offshore Gabon
Oil major Royal Dutch Shell declared it discovered a gas field under a layer of salt in deep water off the coast of Gabon, in a finding which could corroborate the explorer expectations that elements of West Africa's geology are analogous to Brazil's.
read more... 23/10/2014
E.ON and VNG vend their stakes in EVG to Australia’s CBA
German utility E.ON and gas company VNG AG have vended their jointly possessed regional gas grid EVG Thueringen to First State Investments, the asset management division of Commonwealth Bank of Australia (CBA), according to E.ON.
read more... 23/10/2014
Turkey to scrap "take or pay" principle for Azeri gas in 2015
Turkey decided to give up the “take or pay” clause for Azerbaijani gas delivery in the next 14 months, declared the Turkish Minister of Energy and Natural Resources Taner Yildiz.
read more... 22/10/2014
Daily: British wholesale natural gas prices slip on warmer temperatures, curbed demand
Brent crude dropped on Monday, falling below $86 a barrel as concerns about oversupply and weak demand dragged down worldwide oil benchmark back to last week’s four-year low. WTI crude hovered below $83 a barrel. Brent settled as low as $84.41, after having dropped 69 cents at $85.47 a barrel by 1945 GMT. U.S. crude declined 4 cents to close at $82.71 a barrel. The spread between Brent and U.S. crude extended at $3.39 a barrel.
read more... 21/10/2014