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Rosneft inks an accord with PDVSA to produce gas in Venezuela

Russia's major oil producer Rosneft and Venezuela's state oil firm PDVSA inked a deal to establish a joint venture to develop natural gas in the South American country, as stated by Rosneft on Saturday.

read more... 22/02/2016

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Italy’s Eni to spend $4 bln on first phase of Zohr gas field in Egypt

Italian energy major Eni has invested $4 billion in the development of the first phase of Egypt's giant offshore Mediterranean gas field, Zohr, comprising the drilling of four wells, according to an Egyptian official.

read more... 16/02/2016

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Latvia authorizes plan to separate gas utility Latvijas Gaze

Latvia's parliament authorized on Thursday in a final vote a proposal to separate the country's vertically integrated national utility Latvijas Gaze by the end of December 2017 and to open its gas market for competition.

read more... 12/02/2016

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Cyprus annuls LNG tender after two-year postponement

Cyprus' Natural Gas Public Company (DEFA) has annulled a tender for approximately 10 years supply of liquefied natural gas (LNG), after almost two years of postponements and extensions.

read more... 10/02/2016

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Total declares it starts up production at UK's Laggan-Tormore gas fields

Gas production has launched at Britain's Laggan-Tormore gas condensate fields off the Shetland Islands in the North Sea, as stated on Monday by the operator Total.

read more... 10/02/2016

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