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Europe is looking towards Azerbaijan for gas security
The EU is looking southwards for natural gas supply, eyeing Azerbaijan as a vital route for European energy security amid mounting tensions between Russia and Ukraine, posing a threat of cutting off gas supplies.
read more... 17/06/2014
Ukraine has no more time to pay its natural gas bill
The Russian gas conglomerate Gazprom is threatening to cut gas supply to Ukraine by June 16 if Kiev fails to honor its 1.95 billion gas debt by Monday, declared chief executive Alexei Miller.
read more... 16/06/2014
Daily: British gas prices climb on possible gas interruption from Russia
Crude oil prices hiked to fresh nine-month highs on Friday on continuous worries that a rebellion in Iraq could cut oil exports from the second-biggest OPEC producer.
read more... 16/06/2014
IEA: China is close to a “Golden Age” of natural gas
China is set to enjoy a “Golden Age” of natural gas since its demand for natural gas is expected to nearly double within five years, according to a report released by the International Energy Agency.
read more... 12/06/2014
Latvia: E.ON desires 220 million euros for stake in utility
Germany's E.ON desires to obtain for its 47.2 percent stake in gas utility Latvijas Gaze about 220 million euros ($300 million), which is considered too much, according to the country's prime minister on Wednesday.
read more... 12/06/2014