The Spanish energy giant, Repsol has recently made a gas discovery in the Illizi basin, in the south east of Algeria, marking its first gas discovery in this side of the country.
read more... 12/11/2012
Brent and U.S. crude oil futures rebounded on Thursday in a choppy trading, even if gains were slashed by concerns about Europe's economy and U.S. fiscal policy. Meanwhile, Brent December crude climbed 43 cents, or 0.40 percent, to settle at $107.25 a barrel and U.S. December crude increased 65 cents, or 0.77 percent, to settle at $85.09 a barrel, having traded from $84.22 to $85.70.
read more... 09/11/2012
The Polish energy group PGNiG has reached an agreement with Russia’s natural gas monopoly Gazprom on the reduction of prices for the supplied natural gas to the country.
read more... 08/11/2012
The newspaper Zerkalo Nedeli Ukraina reported on Monday that Ukraine has got the first 3.3 million cubic meters of natural gas from Germany’s RWE on Monday.
read more... 07/11/2012
The French oil major Total, which is the fifth biggest oil company in the world, has become the most recent global player to be involved in the Australian shale gas sector, signing up to a $190 million with Central Petroleum to farm into four exploration permits in the South Georgina Basin.
read more... 07/11/2012