Latest news
The discounted gas price for Ukraine in Q4 will be approximately $230
Russian Energy Minister Alexander Novak made known on Saturday that the reduced price Ukraine would pay for Russian gas supplies in the fourth quarter would be approximately $230 per thousand cubic metres, plus or minus $2 or $3.
read more... 05/10/2015
Russia postpones Arctic drilling plan for up to three years
The Russian Government has made known about its plan to defer its drilling operations on the Arctic Shelf for about three years.
read more... 02/10/2015
Statoil achieves final stretch of Polarled pipeline to connect Arctic with Europe
The last piece of Statoil's 482.4-km long Polarled Pipeline was put in place at the Aasta Hansteen field at a depth of 1,260 metres in the Norwegian Sea.
read more... 01/10/2015
Ukraine obtained a $300 million loan for winter gas
A $300 million (£198m) loan for Ukraine to purchase gas for this winter has been authorized.
read more... 01/10/2015
Shah Deniz field produced 64 billion cubic meters of gas during first phase of development
Energy-rich Azerbaijan extracted from its Shah Deniz field 64 billion cubic meters of gas from the commencing date of this project to September 1, 2015, according to the First Vice President of State Oil Company of Azerbaijan Republic (SOCAR) in Geology Geophysics & Field Development Issues, Khoshbakht Yusifzade.
read more... 29/09/2015