Latest news
Gazprom declares Hyundai will construct floating LNG terminal in Russia
South Korea's Hyundai Heavy Industries will construct a floating liquefied natural gas terminal for $295 million in the western Russian city of Kaliningrad, as mentioned by Interfax news agency citing state natural gas producer Gazprom on Thursday.
read more... 04/05/2015
Gazprom net income drops by 86% on oil price decline, rouble
Russian natural gas and oil producer Gazprom endured an 86 percent decrease in net income in 2014 due to the rouble's weakness, the drop in global oil prices and a conflict with Ukraine.
read more... 30/04/2015
Global investors initiate a lawsuit of $1.9 billion against Norway
An Oslo court began to hear a lawsuit of $1.9 billion by a group of international investors against Norway on Monday, in a situation that challenges the country's reputation as an expectable place to do business with little political risk.
read more... 28/04/2015
Poland: PKN supplies Iran’s gas condensate for its refinery
Poland's major oil refiner PKN Orlen has supplied a gas condensate cargo of Iranian origin for its Mazeikiai refinery in Lithuania, as stated by traders on Friday.
read more... 27/04/2015
Romanian household gas prices will increase by 5-8% from July
Romanian gas prices will increase by 5-8 percent on average starting from July, as a result of the continuing market deregulation agreed under an IMF-led aid agreement, as declared by the head of the country's energy regulator ANRE.
read more... 24/04/2015