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Vienna: OMV and Gazprom ink South Stream construction deal
Austria’s OMV and Russia’s gas giant Gazprom signed on June 24 an agreement envisaging the parties' cooperation in the construction of the South Stream gas pipeline, the Austrian section.
read more... 26/06/2014
Number of fracking patents globally reached record high in 2013
The number of patents put in place for new shale extraction technology hit a record high in 2013 since oil and gas firms fought for managing intellectual property in the emergent industry, as shown by a research.
read more... 25/06/2014
Gazprom stands firm to $2 billion figure for Ukraine’s gas outstanding debt
The Russia’s natural gas conglomerate Gazprom stands firm to its position that Ukraine has to pay its outstanding debt of about $2 billion before Moscow will take up talks over new gas-supply terms.
read more... 25/06/2014
Iran eyes purchasing and storing gas in Azerbaijan
Iran has expressed its interest in buying Azerbaijani gas and is considering the option to store its gas in the underground gas storage facilities of this country, declared Iran's Deputy Minister of Industry, Mine and Trade Mojtaba Khosrow-Tajat a press conference in Baku.
read more... 24/06/2014
Ukraine: Naftogaz announces that Gazprom intends to end compensation contract
Naftogaz, Ukraine's gas firm owned by state, declared on Thursday Russia's Gazprom desires to stop a contract which compensates Ukraine if it necessitates to utilize its gas to meet further demand from Europe.
read more... 20/06/2014