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News - Press Notes

Displaying 1 - 10 of 593 articles

Financial Times: Japan pushes Asia gas price close to high

The cost of liquefied natural gas has surged to within a whisker of its all-time high in the critical Asian spot market as Japan bids for cargos of gas to offset the loss of nuclear power and supplies decline after a terror attack in Yemen. The rally is set to continue, with Singapore-based traders...

Prague Post: Residents reject shale gas drilling

Shale gas was all the rage in European energy circles last year, but yet another blow has been dealt to energy companies hoping to strike it big as the Czech Republic mulls joining France, Bulgaria and Romania in banning shale gas exploration. In response to a petition that garnered the support of 50,000...

Financial Times: Turkey close to Azeri gas deal

Turkey says it is close to an agreement to bring gas from the Caspian Sea to Europe, a deal widely seen as marking the end of the road for a longstanding European plan to combine Azerbaijani with Central Asian gas and reduce the continent’s dependence on Russian imports. By the end of next month...

Financial Times: Eon sells gas distribution unit for €3.2bn

E.ON, the German utility, said it would pocket €3.2bn from the sale of German gas distribution unit Open Grid Europe to a group of infrastructure investors, led by Macquarie, the Australian bank. The move brings E.ON to within €3bn of its goal of generating €15bn from the sale of assets...

Ria Novosti: Ukraine to Launch Shale Gas Production by 2017

Ukraine will launch the production of shale gas, seen as an alternative to Russian natural gas, by 2017, Environment and Natural Resources Minister Eduard Stavitsky said on Wednesday. On May 10, a Ukraine government commission awarded global energy companies Shell and Chevron the development tender...

Voice of Russia: Nabucco – a pipeline to nowhere?

The second largest investor in the Nabucco gas pipeline, German energy giant RWE, could withdraw from the project. The aim of the Nabucco project was to deliver Caspian gas to Europe. Now the German company says that it is going to reassess whether it makes business sense for it to remain involved...