Latest news
Hungary joins AGRI LNG Interconnector gas supply project
Hungary has signed an agreement with Azerbaijan, Romania and Georgia to join the Azerbaijan-Georgia-Romania Interconnector (AGRI) project, which would help diversify energy supply as the Hungarian government said on Tuesday.
read more... 15/09/2010
Endesa received three bids for its Spanish gas network
Three infrastructure funds (sponsored by Macquarie, Goldman Sachs and AXA Private Equity) have submitted their bids on Monday for the distribution and transmission grid of Spanish Endesa SA.
read more... 15/09/2010
Exploration assets sold by Petrom in Russia
The major oil and gas group in Romania, Petrom, owned mostly by Austrian OMV, sold 75% of exploration assets in Ring Oil to its minority partner Mineral and Bio Oil Fuels Limited in Russia, since it focuses mainly on the Romanian and Kazakh activities. The total value of the transaction was not disclosed.
read more... 07/09/2010
Eni intends to increase gas stocks by 4 bcm
Eni, the major oil and gas company in Italy, presented to regulatory authorities and to the Industry Ministry a plan to raise its gas storage facilities by 4 billion cubic meters, according to some of the Ministry’s officials.
read more... 06/09/2010
Plans to build LNG terminal in the Dutch port cancelled
Vopak, Dutch oil and chemicals storage company, together with the gas transport society Gasunie and the utility Essent, have cancelled the plans to build an LNG terminal in the northern part of the Dutch port Eemshaven with a storage capacity of 2 tanks, or 180,000 cubic meters capacity.
read more... 03/09/2010