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PetroChina expects a boost of 7% in 2017 natural gas sales on year

China's largest energy giant PetroChina targets to realize sales of 150 billion cubic meters of natural gas this year, or an increase from approximately 140 billion in 2016, state-controlled China Energy News declared on Saturday.

read more... 13/02/2017

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Russia ratifies Turkish Stream Pipeline deal

Russian President Vladimir Putin has inked a federal law on ratification of the agreement between Moscow and Ankara on building Turkish Stream pipeline.

read more... 09/02/2017

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Shell to exit from Danish offshore joint venture

Royal Dutch Shell is reportedly eying the exit from the Danish Underground Consortium (DUC), an offshore oil and gas joint venture, according to three banking sources.

read more... 07/02/2017

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India mulls the reduction of LNG customs duty to 2.5%

India has decided to reduce the duty on LNG imports to 2.5% from 5% to encourage the use of natural gas in the country, finance minister Arun Jaitley said while presenting his federal budget for fiscal 2017-2018 Wednesday.

read more... 07/02/2017

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Statoil discovers a new promising site for gas in the North Sea

Statoil has found a promising site for new gas in the North Sea’s Valemon field.

read more... 07/02/2017

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