Latest news
Statoil will launch world’s first subsea gas compressor in September
Norway's Statoil intends to commission in September the world's first subsea gas compression facility, a technology that could prove essential for oil companies since they aim to move offshore equipment to the seabed, away from ice and storms.
read more... 21/07/2015
Poland reduces PGNiG’s gas prices for companies by about 5.1%
Poland's energy market regulator URE declared on Friday it has decided to reduce leading gas distributor PGNiG's tariffs of high-methane gas for commercial end consumers by 5.1 percent and for wholesale users by 4.7 percent.
read more... 20/07/2015
UK government sets out new rules for shale gas fracking in protected areas
The UK government has unveiled areas to be excluded from underground fracking activities, while a DECC’S new draft regulations has identified certain areas including national parks, areas of outstanding national beauty, the broads and world heritage sites, where hydraulic fracking will be permitted only below 1,200m, to preserve groundwater. Drinking water is not normally found below 400m.
read more... 20/07/2015
Ukraine to receive a $300 mln loan from EBRD to secure its gas supply
The European Bank for Reconstruction and Development is considering the provision of trade finance loan of up to $300 million to Ukrainian state energy firm Naftogaz to purchase gas on the European market.
read more... 17/07/2015
German EWE obtains offer for gas trading division VNG
German utility EWE has obtained an offer for its majority stake in eastern German gas transmission firm VNG AG, as it stated on Wednesday.
read more... 16/07/2015