Latest news
Greece pledges tax reduction to attract oil and gas majors
Greece intends to reduce tax rates for oil and gas firms since it desires to attract them to aid develop its unexploited offshore hydrocarbon resources, as stated by its energy minister on Tuesday.
read more... 02/07/2014
Scotland may possibly have shale for 30 years worth of UK gas necessities
Scotland, heading for a September independence referendum, might possess sufficient shale gas resources to satisfy UK gas necessities for over 30 years, according to a geological report publicized by the British government on Monday.
read more... 01/07/2014
Spain to pay 1.4 bln euros to compensate possessors of Castor Gas
Spain will compensate the concession-holder of offshore gas facility Castor with 1.4 billion euros ($1.9 billion), after the unit was closed subsequent to seismic activity.
read more... 30/06/2014
Adriatic Gas Corridor project: Ukraine is eyeing importing LNG from Croatia
The Ukrainian gas transportation company Ukrtransgaz is considering the possibility of importing LNG from Croatia under the Adriatic Gas Corridor project.
read more... 27/06/2014
Daily: UK winter gas plunges to the lowest level since October 2011
The European and U.S. crude oil benchmarks dropped on Thursday as worries about exports disruptions from war-devastated Iraq attenuated, allowing market participants to take some profits. Brent crude declined 79 cents to close at $113.21, its weakest settlement since June 16. U.S. crude fell 66 cents to end at $105.84, the lowest settlement since June 11.
read more... 27/06/2014