The Austrian OMV CEO stated that US sanctions will have a serious impact on big Russian projects. OMV is one of the investors in the Nord Stream-2 trans-Baltic gas pipeline project.
read more... 14/09/2017
Gasunie, the gas grid operator in the Netherlands, will become a part of the North Sea Wind Power Hub conglomerate.
read more... 14/09/2017
An LNG import terminal is likely to be opened by the commodities trader Trafigura in Pakistan to satisfy the higher demand for gas in the emerging economies.
read more... 13/09/2017
Eni and Total have found gas while drilling offshore Cyprus near the giant Zohr gas field discovery in Egypt waters, but the anticipated quantity of the recently discovered field is too small to develop on its own, as stated by Cypriot Energy Minister Yiorgos Lakkotrypis on Tuesday.
read more... 13/09/2017
U.S. oil prices rose on Tuesday and gasoline declined as the gradual relaunch of refineries in the Gulf of Mexico that were closed by Hurricane Harvey increased demand for crude and reduced worries of a fuel supply crunch.
read more... 06/09/2017