Latest news
Russia's Novatek finalizes transaction to sell Yamal LNG stake
Russia's No.2 natural gas producer Novatek declared on Tuesday it has accomplished the transaction to vend a 9.9 percent stake in the Yamal LNG project to China's Silk Road Fund for 1.09 billion euros ($1.2 billion).
read more... 16/03/2016
Poland's Azoty intends to acquire more gas from Gazprom-supplied PGNiG
Poland's biggest chemicals firm Grupa Azoty, which surpassed 2015 profit forecasts on Friday due to low gas prices, plans to acquire more gas from its main provider PGNiG.
read more... 14/03/2016
Russia's Novatek will inaugurate first Yamal LNG train with no extra financing
Russia's Novatek intends to inaugurate its first train with 5.5 million tonnes of yearly LNG capacity in Yamal in 2017, and this will involve no extra financing, as stated on Thursday by Stanislav Shevkunov, a department manager at Novatek.
read more... 11/03/2016
Chevron launches a milestone LNG project in Australia
The Australian subsidiary of Chevron has launched its $54 billion Gorgon liquefied natural gas project in Australia, following construction delays, union woes, and multi-billion-dollar budget blow-outs.
read more... 10/03/2016
Algeria: Sonatrach will invest $3.2 billion in pipelines
Algerian energy firm Sonatrach will invest $3.2 billion over four years to raise pipeline capacity since natural gas production increases from new and current fields, a major company representative declared on Tuesday.
read more... 09/03/2016