Royal Dutch Shell declared on Monday it had decided to ditch a multi-billion-dollar plan to develop the Bab sour gas field in Abu Dhabi, the latest major project to fall victim to the worst oil-market recession in decades.
read more... 19/01/2016
Ukraine's gas reserves have dropped by approximately 28 percent to 12.3 billion cubic metres (bcm) since the start of the heating season in mid-October, as stated by the transport monopoly Ukrtransgas on Monday.
read more... 18/01/2016
Ukrainian state energy company Naftogaz has decided to acquire 1.7 billion cubic metres (bcm) of gas from European suppliers at a price of $188-$211 per thousand cubic metres, as stated by the firm on Thursday.
read more... 15/01/2016
Lithuania has put plans to acquire liquefied natural gas from the United States on hold since the LNG is not yet appropriate for the Baltic state's gas system, as declared by its state energy firm on Wednesday.
read more... 14/01/2016
Russia's major natural gas producer Gazprom has annulled an important tender estimated at 3.78 billion roubles ($50 million) for a domestic gas connection required for the development of Nord Stream, as mentioned on a government procurement website.
read more... 13/01/2016