Latest news
France confirms its ban on fracking
France’s highest court has confirmed the government ban on hydraulic fracturing on fears the process may cause long-term environmental damage.
read more... 14/10/2013
UK Government will not subsidize new gas storage facilities
Energy Minister Michael Fallon has announced that the UK Government has rejected calls to subsidize new gas storage facilities, saying it would be too costly for bill payers. Ministers added that the UK gas market is functioning well in attracting gas from various sources in order to meet current and future demand and said that its decision will save bill payers more than 750 million pounds in the next 10 years.
read more... 11/10/2013
Chevron abandons the exploration of shale gas in Lithuania
U.S. oil and energy giant Chevron has announced it has decided to abandon the tender to explore shale gas in Lithuania because of the unfinished legislative base for hydrocarbon exploration in Lithuania.
read more... 09/10/2013
Chevron to sign a shale gas agreement with Ukraine
Ukraine has inked a draft production agreement for shale natural gas with US energy company Chevron.
read more... 08/10/2013
Noble Energy unveils gas discovery offshore Cyprus
Noble Energy, Texas-based energy company, unveiled it has discovered a deposit of natural gas at the Levant basin off the coast of Cyprus.
read more... 07/10/2013