Latest news
Ineos purchases a stake of 80% in second UK shale gas site
Swiss-based chemicals corporation Ineos has purchased a stake of 80 percent in a shale gas license in Scotland, its second such license in the country, as stated by Ineos on Monday.
read more... 14/10/2014
Statoil: Shah Deniz stake sold for $2.25 billion to Petronas
Norway's Statoil has vended a stake of 15% in the Azeri gas project Shah Deniz to Malaysia's Petronas for $2.25 billion, the newest asset the company is vending to guard its cash flow and profits to shareholders.
read more... 13/10/2014
Most of EU prepared with gas for winter in spite of Ukraine crisis
Elevated levels of natural gas in storage and reducing prices signify the majority of Europe is well-ready for winter, nevertheless a potential disruption to Russian supplies continue to be a risk for countries such as Ukraine, Bulgaria and also Britain.
read more... 10/10/2014
UK: IGAS prepares for the third shale gas drill next month
Britain's major shale gas explorer IGas intends to drill its third well next month, in the northwest of England, to determine the quantity of gas is trapped below the ground.
read more... 10/10/2014
BG Group receives $350m for gas debt from Egypt
Egyptian Government paid to British gas explorer BG Group $350 million (£219m). The payment is for significant debts to the firm which along with other important energy players is allocated money by the country.
read more... 09/10/2014