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Vitol inks multi-year agreement to acquire LNG from Gazprom trading division

Trading house Vitol inked on Thursday a multi-year deal to acquire 300,000 tonnes of liquefied natural gas (LNG) from Gazprom Marketing & Trading Singapore from 2018.

read more... 21/04/2017

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Statoil receives the green light for Trestakk field exploration in Norwegian Sea

Statoil received the green light from the Norwegian authorities for the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea.

read more... 07/04/2017

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Greece: Repsol reaches agreement with Energean Oil over two Greek onshore blocks

Energean Oil & Gas has made an announcement that the company has inked the agreement that will grant 60% interest in its Ioannina and Aitoloakarnania blocks, onshore Western Greece, to Spain’s Repsol, which also is going to become the operator for these blocks.

read more... 03/04/2017

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U.S. to transform into a natural gas exporter

The U.S., which used to be a net exporter of liquefied natural gas (LNG) during Eisenhower’s presidency in 1957, is planning a comeback in this sector in 2018 when the country is poised to become the world's third-largest exporter.

read more... 30/03/2017

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Poland might build a LNG terminal on the Baltic Sea by 2021

Earlier this week, Poland announced about its intention to build a second liquefied natural gas (LNG) terminal on the Baltic Sea by 2021 with an estimated investment of 700 million euros ($761 million), as a possible alternative to a scheduled gas pipeline to Norway.

read more... 29/03/2017

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