The European Commission on Friday consented Finland's intentions to offer 28 million euros ($31.6 million) in public funding to aid fund a liquefied natural gas terminal at Hamina, on Finland's south-east coast.
read more... 21/03/2016
TransCanada Corp, the Calgary-based energy giant, will buy Columbia Pipeline Group for $10.2 billion, creating one of the largest regulated natural gas transmission businesses in North America.
read more... 18/03/2016
Crude oil prices soared to 2016 highs on Thursday, with WTI crude increasing 5 percent to break the $40 threshold, on optimism that top producers will reach an output freeze deal next month amid boosting crude exports and gasoline demand in the United States. On Thursday, the front-month in U.S. crude's West Texas Intermediate (WTI) futures rose $1.74, or 4.5 percent, to settle at $40.20, after attaining a 2016 high of $40.26. Brent crude's front-month increased $1.21 to close at $41.54, after earlier attaining the year's high of $41.60.
read more... 18/03/2016
Italian gas-transportation company SNAM is envisaging a possible a spin-off of its Italgas domestic distribution unit worth more than 5 billion euros ($5.7 billion).
read more... 18/03/2016
Russia's No.2 natural gas producer Novatek declared on Tuesday it has accomplished the transaction to vend a 9.9 percent stake in the Yamal LNG project to China's Silk Road Fund for 1.09 billion euros ($1.2 billion).
read more... 16/03/2016