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Iran and Iraq seal a 6-year gas deal

Iran and Iraq sealed a 6-year gas deal on November 11, under which Tehran will export 25 million cubic meters per day (mcm/d) to feed three power plants in Iraq’s port city of Basra.

read more... 12/11/2015

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ENGIE to purchase LNG “made in the USA”

France will soon use liquefied natural gas from the United States to cover its energy needs, as French gas companies are not allowed anymore to exploit unconventional resources following the adoption of anti-fracking law in 2011.

read more... 11/11/2015

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Italy's Snam interested in acquiring 17 pct stake in Greek gas network from SOCAR

Italian gas grid operator Snam would like to purchase a 17 percent stake in Greek gas grid operator DESFA from SOCAR, as stated by the Azeri state energy company's president on Tuesday, in an agreement that may calm European Commission worries.

read more... 11/11/2015

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National Grid mulls sale of UK gas distribution arm

UK’s National Grid is planning to sell a majority stake in its British gas distribution business, which could yield £10billion ($15 billion) in an auction with foreign investors.

read more... 10/11/2015

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Ineos inks US shale gas ethane agreement with Exxon and Shell in Scotland

Ineos, owner of Scotland's Grangemouth petrodoil refinery, has signed an agreement with subsidiaries of ExxonMobil and Shell to provide ethane derived from U.S. shale gas which it is to import into Scotland to their neighboring chemical plant, as stated by the company on Monday.

read more... 10/11/2015

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