Latest news
Egdon turns into UK’s second major shale gas actor with Alkane accord
Oil and gas explorer Egdon Resources made known about its decision to takeover Alkane Energy's shale gas assets making it Britain's second-biggest shale gas firm.
read more... 14/05/2014
Russia warns about gas cut if Ukraine does not pay by June 2
Russia repeated on Monday its threat to cut natural gas supplies to Ukraine if Kiev would not be able to pay in advance for June deliveries, stating as well that more discussions on the matter were also conditional on payment.
read more... 13/05/2014
Daily: Crude oil futures increase on Ukraine gas supply disruption threat, new EU sanctions against Russia
Crude oil futures increased on Monday as Ukraine urged the European Union to extend sanctions against Russia, while Russian gas giant Gazprom has threatened to disrupt natural gas supplies to Ukraine.
read more... 13/05/2014
BP plans to make a $1.5 billion investment in Egypt in 2014
BP aims to make a $1.5 billion investment in 2014 to raise its natural gas production in Egypt, affected by an energy crisis after three years of political chaos, according to the state news agency MENA on Sunday.
read more... 12/05/2014
Centrica decides to sell UK gas plants, lower 2014 earnings
Britain's Centrica anticipates the company will have lower than predicted earnings in 2014 and decided to vend its three major gas-fired power plants.
read more... 09/05/2014