Latest news
Nabucco’s future decided by Azeri gas deliveries.
The chief executive of Austrian OMW, Wolfgang Ruttenstorfer reported to the Austrian newspaper, Kurier that the Nabucco gas pipeline project will be implemented only if the project partners will be able to secure big gas deliveries from Azerbaijan in the next months.
read more... 21/02/2011
EU considers fusion between Nabucco and ITGI gas pipeline projects
EU officials are interested in a fusion between Nabucco, a Turkey-Austria pipeline, and ITGI (Interconnector Turkey-Greece-Italy), two strategic gas projects in order to carry gas from Azerbaijan to Europe and to reduce the Russian dependence on gas supplies.
read more... 18/02/2011
Daily Energy Overview, Monday, February 14, 2011
U.S. crude oil futures traded at their lowest level in the last 10 weeks on Friday after the acceptances of despair of Egyptian President that could possibly disrupt the oil supplies through the Suez Canal, being a vital pipeline.
read more... 14/02/2011
Gas pipelines explosion in Iran
The ISNA media reported that a gas pipeline explosion occurred near the central Iranian province of Qom on Friday.
read more... 14/02/2011
SSE acquires gas assets from Hess
Scottish and Southern Energy (SSE) agreed to perform an acquisition of natural gas production assets in the North Sea from Hess Corporation’s European unit. The cost of the transaction is £278 million and will include 18% stakes hold by Hess Corporation in a gas pipeline operated by BP.
read more... 03/02/2011