Latest news
German RWE abandons production of crude oil and natural gas
RWE AG has announced on Tuesday it has put its oil and gas exploration and production business up for sale in a move aimed to remove pressure on future capital spending and improve the company’s financial situation.
read more... 06/03/2013
UK: Gas prices hit 5 year highs
UK gas prices hit a five year high on Monday as unexpected stoppages at North Sea facilities sparked worries about the risk to power supplies. Within-day gas prices traded as high as 120 pence per therm, as the system was undersupplied by roughly 60 million cubic meters per day.
read more... 05/03/2013
Libyan natural gas exports to Italy halted after militias fight
Mellitah oil and gas complex, ENI’s most important facility in the west region of Tripoli had to halt gas exports on Saturday following clashes between local militia, amid increasing concerns over the stability of North Africa's hydrocarbon supplies.
read more... 04/03/2013
Poland makes public its long-awaited shale gas draft
Poland’s government publicly unveiled the draft law to tax shale gas operations.
read more... 04/03/2013
Eni strikes a new gas discovery off the coast of Mozambique
The Italian energy major Eni announced that it has discovered more gas off the coast of Mozambique.
read more... 28/02/2013