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E.ON and Gazprom agree on adjustment of prices in gas supplies contract

German utility E.ON and Russian energy giant Gazprom agreed to adjust the prices of long-term gas supply contracts, resolving a pending arbitration proceeding between the companies.

read more... 30/03/2016

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Egypt: EGAS finalizes tender for two LNG cargoes for April delivery

Egypt has acquired two liquefied natural gas (LNG) cargoes for April delivery from two international firms, EGAS Chairman Khaled Abdel Badie told Reuters on Sunday, without mentioning which two companies won the tender.

read more... 29/03/2016

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ExxonMobil to buy a 15% stake in Eni’s Mozambique field

U.S. energy giant ExxonMobil is envisaging buying a stake of around 15% in Italian oil major Eni’s giant Area 4 gas field in Mozambique.

read more... 28/03/2016

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Croatia will reduce household gas prices by 18% from April

Croatia has reduced yearly natural gas prices for households by an average of 18 percent from April because of a drop in wholesale prices on the European market, as it stated on Wednesday.

read more... 24/03/2016

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Oil-rich Iraq starts exporting first natural gas shipment in its history

Iraq on Sunday has begun exporting first shipment of natural gas condensate in its history, according to an Iraqi government spokesman.

read more... 21/03/2016

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