Latest news
Turkey will cut gas prices by 10 % starting from October 1
Turkey will cut the price of natural gas by 10 percent for domestic users and industrials starting from October 1, as stated by Energy Minister Berat Albayarak on Thursday.
read more... 30/09/2016
UK: Oil and gas production up, investments and exploration down
According to Oil & Gas UK annual latest report, published yesterday, the production of oil and gas in the UK increased by more than 10% in 2015 for the first time in 15 years. The increase was due to a succession of new projects in the North Sea along with developments of technological innovations in order to get the best out of the extraction from the existing fields.
read more... 28/09/2016
Cyprus considers Bulgaria as part of plans to transit gas to Europe
Bulgaria wants to attract natural gas deliveries from Cyprus through scheduled gas hub at the Black Sea to carry gas from Russia and the Caspian Sea to southern and central Europe and further.
read more... 27/09/2016
Centrica in the process of vending Canada oil and gas assets
Centrica, Britain's biggest utility firm, is in the process of vending all of its Canadian oil and gas assets and abandoning operations in the country, as stated by a company spokesman on Monday.
read more... 27/09/2016
Algeria and ENI ink solar plant agreement
Algerian state energy firm Sonatrach has inked an agreement with Italian company ENI for a solar power plant, as declared by a state news agency APS on Friday, since the North African state looks to reduce domestic consumption of gas for electricity and export more.
read more... 26/09/2016