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Russia: Gazprom reduces gas price for Ukraine in first quarter

Ukraine will pay less for Russian gas in the first quarter compared with the last quarter because of a drop in the price of oil, as stated on Tuesday by Sergei Kupriyanov, representative for state-owned gas producer Gazprom.

read more... 04/02/2015

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Russia: Gazprom will cut 2015 Capex by approximately $8 billion

Russia's state-controlled Gazprom declared on Tuesday it would cut its capital expenditure this year by approximately $8 billion to $30 billion since political and market expansion formed a tough business environment.

read more... 03/02/2015

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Total: plans to drill shale test well in Denmark postponed

Total has postponed by several months its plans to drill Denmark's first test wells for shale gas, as stated by the French oil major on Monday.

read more... 03/02/2015

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Gazprom will make an investment of around $500 million in Kyrgyzstan in 2015-2017

Russian state gas producer Gazprom will spend approximately 34 billion roubles ($495 million) in 2015-17 to improve and develop gas infrastructure it purchased in Kyrgyzstan and guarantee stable gas supply, as stated by Gazprom CEO Alexei Miller on Friday.

read more... 30/01/2015

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Cyprus in negotiations with Noble on exploitation of gas discovery

Cyprus and U.S. energy firm Noble are talking about the possible exploitation of a gas field found in 2011, as stated by the island's energy minister on Wednesday.

read more... 29/01/2015

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