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Construction of gas interconnector between Greece and Bulgaria to start in early 2018

The construction of the gas pipeline link between Bulgaria and Greece (IGB) is expected to start in the beginning of 2018, interim Bulgarian energy minister Nikolay Pavlov said during a visit to Azerbaijan.

read more... 23/02/2017

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Leviathan gas project to pump $3.75 bln in the first stage of development

Developers of the Leviathan natural gas field approved a $3.75 billion final investment decision (FID) in the first phase of the giant reservoir, the largest energy project in Israel's history.

read more... 23/02/2017

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Daily (23.02.2017): UK’s near-term gas prices remain bearish on oversupplied system

Crude oil prices declined over 1 percent on Wednesday on expectations of another rally in U.S. stockpiles, retreating from multi-week highs reached in the last session on OPEC’s optimism over its deal with other producers to slash output.

read more... 23/02/2017

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Norwegian government would not give up its control in oil and gas firm Statoil

The Norwegian government said it will not cut its stake in oil and gas firm Statoil, as stated in parliament by oil and energy Minister Terje Soeviknes.

read more... 22/02/2017

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Germany: Gas imports down 3% in 2016

Germany’s gas imports fell by 3% in 2016 compared with 2015, according to data from trade statistics office BAFA.

read more... 21/02/2017

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