Egyptian Government paid to British gas explorer BG Group $350 million (£219m). The payment is for significant debts to the firm which along with other important energy players is allocated money by the country.
read more... 09/10/2014
The plans of U.S. to start liquefied natural gas (LNG) exports in 2016 will not modify significantly the disjointed global LNG market, as stated on Tuesday by Alexei Miller, the chief executive of Russian gas exporter Gazprom.
read more... 08/10/2014
Norwegian energy company Statoil has inked an agreement to vend gas to Ukraine state gas firm Naftogaz, according to the Nordic company on Friday, supplying another source of gas for Ukraine after Russia’s halt of supplies.
read more... 06/10/2014
British company SSE has signed gas supply contract for a period of 6 years with Norway's Statoil for 500,000 therms (1.4 million cubic metres) of gas daily, according to SSE on Friday.
read more... 06/10/2014
A sharp decline in energy prices around the world informs on worsening of the global economy since China's decade-long expansion stopped, in addition to Europe's long fight with collapse.
read more... 03/10/2014