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Polish regulator authorized PGNiG gas price increase for Q1 2017

Poland's largest gas company PGNiG will raise the price of high-methane gas it sells by 12.2 percent and the price of nitrogen-rich gas by 13.4 percent from the beginning of next year, the firm said, mentioning an approval from energy regulator URE.

read more... 19/12/2016

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Engie welcomes first gas delivery at Cygnus field in the North Sea

ENGIE E&P UK (formerly GDF Suez E&P) had started production from the giant Cygnus southern North Sea gas development.

read more... 15/12/2016

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Gazprom and OMV reach a basic agreement on potential asset swap

Russian energy giant Gazprom and Austrian oil and gas group OMV reached a basic agreement on Wednesday to swap a 38.5% stake in OMV's Norwegian unit for a 25% stake in a section of Gazprom's Urengoy gas field.

read more... 15/12/2016

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Eni signs gas supply deal with Algeria’s Sonatrach

Italian energy firm Eni has signed on Tuesday a renegotiated gas supply deal with Algerian Sonatrach for the year 2016/2017.

read more... 14/12/2016

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Italian Eni to divest to Rosneft a 30% stake in Zohr field offshore Egypt

Italian energy company Eni agreed to sell a 30% stake in giant Egyptian gas field Zohr to Russian major Rosneft for $1.58 billion, as a part of the Eni’s plans to raise cash to confront low oil prices.

read more... 13/12/2016

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