Russian President Vladimir Putin has met Italy’s Prime Minister Mario Monti on Monday to talk about the South Stream pipeline project. Following the meeting, the President Putin told reporters that the project is still important for most of the European countries and many gas customers.
read more... 25/07/2012
Enagas via its subsidiary Enargas Transport Enagas SAU will acquire 90% of Naturgas Energía Transporte from Energias de Portugal.
read more... 24/07/2012
Brent crude declined to $104 per barrel on Monday as renewed worries about the global economy returned to spotlight due to concerns that Spain will not be able to deal with a costly sovereign bailout, which could have a great impacts on oil demand.
read more... 23/07/2012
Novatek, the second gas producer in Russia, started the construction of a $30 billion Arctic port, called Sabetta, located on the North-East of the Yamal Peninsula in Yamal-Nenets Autonomous Region.
read more... 23/07/2012
The Mario Monti’s government has canceled the ban on offshore oil and gas exploration imposed by Silvio Berlusconi in 2010, following the Macondo well explosion in the Gulf of Mexico, causing the largest U.S. offshore oil spill.
read more... 20/07/2012