Latest news
Argentina purchases LNG from Vitol, Gazprom and Excelerate Energy
Argentina will receive liquefied natural gas (LNG) cargoes from Houston-based Excelerate Energy, Swiss trader Vitol and Russia's Gazprom Marketing and Trading over the next months, according to trade sources.
read more... 23/05/2014
China and Russia inked a $400 billion gas agreement
China and Russia signed a gas supply agreement of about $400 billion on Wednesday, securing the world's top energy consumer an important source of cleaner fuel and impelling a new market for Moscow since it risks losing European clients over the Ukraine crisis.
read more... 22/05/2014
Czechs opposes unique EU entity for gas, oil acquisitions
Polish suggestion to form a unique entity to purchase gas for the European Union has been rejected by the Czech Republic, but it might nevertheless sustain private groups willingly joining up for acquirements, as mentioned in a paper approved by the government on Wednesday.
read more... 22/05/2014
Hungary’s MOL monitors more retail purchases after Eni transaction
Hungarian oil and gas conglomerate MOL intends to make more acquisitions in order to increase its retail market share in central Europe, where an economic recovery is ongoing and motor fuel sales are expanding, as stated by MOL's downstream manager.
read more... 21/05/2014
Azerbaidjan: Socar to limit gas exports in 2014
The natural gas exports of Azeri state energy company SOCAR are likely to drop from 2.84 billion cubic metres (bcm) in 2013 to 2.6 bcm in 2014 because of reduced volumes to Russia, as stated by a SOCAR official on Monday.
read more... 20/05/2014