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The issues over gas price between Russia and Ukraine are far to be solved

Ukrainian state energy firm Naftogaz has paid around $1.063 billion to Russian gas giant Gazprom for October gas supplies.

read more... 10/11/2010

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EU is sure that gas transit crisis seen in winter 2009 will not be repeated.

All the necessary measures have been taken by EU in order to avoid any gas transit crisis for the 2010-2011 winter period, as the one seen in January 2009, according to Guenther Oettinger, EU Energy Commissioner.

read more... 09/11/2010

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Melrose starts gas production in Bulgaria.

UK oil and gas explorer Melrose Resources has started its natural gas production in Bulgaria, exploration that could meet around15% of Bulgarian annual domestic gas consumption.

read more... 05/11/2010

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Statoil delayed its planned output increase by 2012.

Norway's Statoil decreased its 2010 oil and gas production target on Wednesday, after heavy maintenance work in the third quarter that affected its earnings and casted doubt on its plans to increase the output to 14% by 2012.

read more... 04/11/2010

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Gas Natural nine months earnings are the same as expected.

Spanish gas and power group, Gas Natural, reported nine months results on Wednesday, as better activity of its Union Fenosa company.

read more... 04/11/2010

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