Latest news
BP authorizes investment in Egypt gas field 15 months after finding
British oil major BP has authorized investment in the first phase of expanding the huge Atoll gas field offshore Egypt, only 15 months after it first announced its discovery.
read more... 20/06/2016
Yamal LNG project gets its first €1 billion installment
Yamal LNG, a project operated by Novatek said on Friday it has received the first tranche of financing in the amount of €1 billion provided by Sberbank and Gazprombank under a loan agreement signed in April 2016.
read more... 13/06/2016
Energy giant BP, Eni made a significant gas discovery off Egyptian coast
Energy giants BP and Eni on Thursday unveiled a considerable gas discovery off Egyptian coast, adding to a series of finds in the region in the last year.
read more... 10/06/2016
IEA sees reduced global gas demand increase to 2021
Increase in natural gas demand will reduce to an average 1.5 percent a year worldwide through 2021, since stagnation in Europe and doubts about Chinese consumption offsets robust growth in India, as stated by the International Energy Agency (IEA) on Wednesday.
read more... 09/06/2016
Five final bids emerge for German gas grid Thyssengas
German gas grid Thyssengas, owned by Macquarie, the Australian investment fund, has attracted five binding bids as the auction of the gas grid is set to close.
read more... 08/06/2016