Latest news
Gazprom announces 15% price raise for gas delivered to Europe
According to a presentation to analysts and investors on Friday, Gazprom, the Russian state energy giant, announced that it will export more gas to Europe this year, but at a higher price, about 15%.
read more... 15/02/2011
Gas pipelines explosion in Iran
The ISNA media reported that a gas pipeline explosion occurred near the central Iranian province of Qom on Friday.
read more... 14/02/2011
Gazprom’s net profit down 9 percent in the third quarter
Russia's Gazprom, the biggest producer of natural gas in the world, announced on Thursday that its net profit declined 9% during the third quarter due to losses from the foreign exchange shifts, higher costs and poor European demand.
read more... 11/02/2011
PetroChina to invest $5.4 billion in Canadian natural gas field
PetroChina Ltd., the largest gas and oil producer from China, decided to purchase a 50 percent stake of a shale gas project from Canada’s Encana Corp for $5.4 billion, making the biggest ever investment in Canada’s natural gas asset.
read more... 11/02/2011
Shell wants to swap shares with Gazprom to expand Sakhalin-II project
Royal Dutch Shell Plc reported its willingness to offer Gazprom stakes in Asian assets in return for an agreement to expand Russia’s Sakhalin-II liquefied natural gas (LNG) project.
read more... 10/02/2011