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A MOU to build Israel-Europe gas pipeline was signed on Tuesday

A memorandum of understanding for the construction of a gas pipeline to convey natural gas from Israel to Europe was signed on Tuesday in Greek-administrated Cyprus. 

read more... 07/12/2017

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Hungarian oil and gas major firm puts up on sale UK North Sea assets

Hungarian oil giant MOL declared about its intentions to sell its assets off the UK causing continuous tensed events in the North Sea. This comes after four years the company entered the area.

read more... 07/12/2017

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Klaipeda LNG terminal offers advantages for Lithuania

Security of supply in Lithuania has been assured through the country’s LNG terminal in Klaipeda, according to Jusius Mindaugas, CEO of LNG operator Klaipedos Nafta.

read more... 05/12/2017

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China obtains 200 billion cubic meters of gas piped from Central Asia

Approximately 200 billion cubic meters of natural gas has been conveyed from Central Asia to China within a major energy project, as stated by China National Petroleum Corporation.

read more... 01/12/2017

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Over 200 North Sea energy rigs to be decommissioned by 2025

According to Oil & Gas UK and Decom North Sea, more than 200 oil and gas rigs as well as 2,500 wells across the basin are planned to be closed by 2025 year.

read more... 30/11/2017

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