Latest news
EBRD to fund project that links South Gas Corridor with Western Europe
The European Bank for Reconstruction and Development (EBRD) is offering 60 million euros as a loan for the development of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (BRUA).
read more... 26/02/2018
Daily (26.02.2018): British day-ahead gas price jumped by 15.7% on Friday due to cold weather
Oil prices rose on Friday backed by a decline in Libyan output and optimistic comments from Saudi Arabia that an OPEC-led effort to reduce stockpiles through production cuts is functioning. Brent crude soared by 1.4% to close at $67.31 per barrel. WTI crude increased by 1.2% to end at $63.55 per barrel.
read more... 26/02/2018
Renewable gas could save Europe €140 billion annually
The smart use of green gas is necessary for Europe to reach its climate targets and could save around €140 billion (£124 billion) every year.
read more... 23/02/2018
Serbia hopes to pump Russian gas through Turkish Stream Pipeline
The Serbian government intends to continue buying Russian natural gas and hopes to negotiate part of the supplies via the Turkish Stream gas pipeline.
read more... 23/02/2018
BP: Electric vehicles will reduce oil consumption
The development of self-driving electric cars and travel sharing might reduce oil usage by 2040, as declared by oil and gas giant BP, which also predicted a peak in demand for the first time.
read more... 22/02/2018