Latest news
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
Eni: Norwegian Arctic project postponed again, costs increase
Italian energy firm Eni postponed again the launch of its Goliat field in the Norwegian Arctic declaring the costs would be more elevated than expected.
read more... 19/05/2014
EU policymakers think about doubling gas storage obligation
The European Commission is thinking about a suggestion to double the quantity of gas EU member states must keep in storage as part of strategies to enhance supply security due to the Ukraine crisis, as stated by Europe's energy chief on Friday.
read more... 19/05/2014
Central Europeans encourage energy connections, mutual crisis management
Prime ministers from central European countries on Thursday supported Polish intentions for close energy collaboration and consented to sketch united crisis management strategies in case of a natural gas cut by Russia in the coming months.
read more... 16/05/2014
Italy studies power bill reductions to aid companies
The Italian government thinks about measures to reduce energy bills in a move intended to make more competitive the nation's small- and medium-sized businesses and to support jobs, as described in slides viewed by Reuters.
read more... 16/05/2014