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Poland's PGNiG envisages Iran's oil and gas market

Poland's state-run gas distributor PGNiG is looking at different possibilities in oil and gas exploration and production in Iran once sanctions on the country are lifted, as stated by PGNiG's CEO.

read more... 24/11/2015

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Britain's BG Group pays for 35% stake in Cyprus gas field

Britain's BG Group has decided to pay U.S. firm Noble Energy $165 million for a 35 percent stake in a conglomerate with rights over a natural gas field in the eastern Mediterranean, as stated by Noble on Monday.

read more... 24/11/2015

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CFO: Npower could be sold by its parent RWE, blaming customer loss

German utility company RWE envisages selling its British business Npower, as billing glitches triggered an exodus of customers, declared Bernhard Guenther, its chief financial officer (CFO).

read more... 23/11/2015

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Norway: Grid operator orders temporary reduction in electricity consumption in Oslo

Norwegian grid operator Statnett on Friday ordered a provisional cut of electricity consumption by industries in Oslo from Sunday to avoid a power outage after a blackout that affected parts of the capital on Wednesday.

read more... 23/11/2015

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Russia: Yamal LNG places bonds valued at $2.3 billion as collateral for state funds

Russia's Yamal LNG project, which is run by second gas producer Novatek, declared on Friday it will place bonds estimated at $2.3 billion with the finance ministry on Monday as collateral for funds it has obtained from the government.

read more... 23/11/2015

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