Latest news
Centrica plans to increase Morecambe Bay gas output by investing 60 mln pounds
British utility Centrica announced on Wednesday about the intention to spend 60 million pounds ($77 million) to unlock more natural gas reserves in Morecambe Bay gas fields, under the Irish Sea, aiming to reduce a potential shortage next winter, since a continuing outage at Centrica’s older Rough gas storage has increased concerns about the security of supply.
read more... 04/05/2017
BP: Caspian gas pipeline's Georgia section to be accomplished by mid-2018
BP intends to finalise by mid-2018 the Georgian section of a $40-billion strategic pipeline bringing Caspian gas from Azerbaijan into Europe, as stated by the British energy firm's country manager for Georgia.
read more... 02/05/2017
Nord Stream 2 inked financial deals with Shell and four other European energy companies
Nord Stream 2, the company in charge with planning, constructing and future operation of the Nord Stream 2 pipeline, inked financial deals with Shell and four other European energy firms - ENGIE, OMV, Uniper and Wintershall.
read more... 25/04/2017
Russia: Novatek will increase gas resources to preserve output, stabilize market share
Novatek, Russia's biggest non-state natural gas producer, is seeking to increase its resource base to keep gas production and maintain stable its domestic market share, as stated on Friday by Leonid Mikhelson, the manager of the company.
read more... 24/04/2017
Engie to cut gas prices in France by 3.3% in May
French utility Engie will reduce consumer gas prices in France by 3.3 percent starting from May 1, as reported by Le Figaro.
read more... 20/04/2017