Gas buyers in Europe, Japan and other parts of Asia are joining forces to try to drive down prices of liquefied natural gas (LNG) and for more transparent LNG prices, which according to officials, are putting under threat the recovery in the European Union and growth in the Japan’s economy.
read more... 11/09/2013
British energy giant BP unveiled a significant gas discovery in the East Nile Delta, Egypt.
read more... 11/09/2013
Iran is planning to deliver natural gas to Europe in the near future after it inked similar agreements and memoranda of understanding (MoUs) with some Asian countries.
read more... 10/09/2013
The Russian energy giant Gazprom and the Chinese National Petroleum Company (CNPC) inked a deal envisaging supply terms for the delivery of natural gas from Russia.
read more... 09/09/2013
The IGas Energy Group, one of the UK’s hydrocarbon producers, has announced that its license in north west England could contain over 170 trillion cubic feet (Tcf) of the unconventional gas. According to IGas technical studies, the quantity of shale gas in some regions of the UK has been underestimated.
read more... 06/09/2013