Latest news
Russia and China failed to sign a major gas deal
Russia and China postponed on Friday the signing of a major deal to supply Gazprom’s natural gas to the top energy consumer, China, after they failed to agree on a price.
read more... 17/06/2011
Eni sells a huge stake in Trans-Austria Gas pipeline
The Italian energy group Eni has signed an agreement with Cassa Depositi e Prestiti Spa (CDP) for the sale of 89% stake in the Trans-Austria Gas pipeline for 483 million euros ($700 million) plus reimbursement of a shareholder loan granted by Eni to the company equal to 192 million euro.
read more... 14/06/2011
France could become the first country to ban hydraulic fracturing
On Thursday, June 9th, the French Senate (upper house) passed a bill on hydraulic fracturing which involves amendments to the bill passed by the lower house last month, based on the prohibition of hydrocarbons exploration by way of hydraulic fracturing.
read more... 13/06/2011
UK is considering incentives for gas production
UK is planning to encourage offshore gas exploration and production by introducing incentives following taxes increase on North Sea energy companies, imposed by the British Chancellor George Osborne.
read more... 08/06/2011
Statoil sold 24.1 percent of its gas pipeline stake
The Norwegian state energy giant, Statoil said on Monday that it will sell a 24.1 percent stake in the world's largest offshore gas pipeline network to an investment group including German insurer Allianz and the Abu Dhabi Investment Authority for 17.35 billion crowns ($3.25 billion).
read more... 07/06/2011