Germany's European Energy Exchange (EEX) intends to take over French equal Powernext, according to a demand filed with the German competition regulator, in a move that could permit them to compete Britain as the region's foremost gas trading hub.
read more... 23/09/2014
Industrial company Siemens AG declared on Monday it would purchase U.S. oilfield equipment producer Dresser-Rand Group Inc for $7.6 billion aiming to considerably increase the German firm's oil and gas operations in North America.
read more... 22/09/2014
The share of Russian gas in Europe's overall imports will surpass 64 percent in 2014 and will keep on increasing, as stated on Friday by Alexei Miller, the manager of Gazprom.
read more... 22/09/2014
The Finnish government allocated 65.2 million euros (84.22 million US dollar) in financial backing to construct three small liquefied natural gas (LNG) terminals to cut on utilization of fuel oil and liquefied petroleum gas (LPG) in industry, as stated by the economy ministry on Thursday.
read more... 19/09/2014
Russian gas producer Gazprom is expected to register its lowest production this year since its foundation a quarter of a century ago after halting supplies to Ukraine and losing market share to local competitors.
read more... 19/09/2014