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At a recent conference, Polish Prime Minister Donald Tusk declared that foreign oil and gas companies that are ready to invest in Poland can expect a stable economic environment, predictable legal conditions and friendly public opinion. “To those who want to cooperate with us on shale gas...
Belgian gas company Fluxys and Italy's gas pipeline operator Snam have said that both companies will take a stake in E.ON's UK-pipeline Interconnector for €127 million. Through the agreement, the companies will take a 15.09 per cent stake in the underwater gas pipeline. "Today's announcement represents...
Gazprom has announced that it is on track with the South Stream project on the Bulgarian section of the pipeline. The announcement comes following a meeting at Gazprom's headquarters yesterday between CEO of Gazprom Alexey Miller and Bulgarian Minister for Energy Delyan Dobrev. A statement from...
A construction of South Stream is economically disadvantageous as for Ukraine as well as Russia. The Prime Minister of Ukraine Mykola Azarov disclosed this during a conference "Ukraine and the EU - what kind of future is?" which took place at the European Parliament in Brussels. He said to build South...
State oil and gas company sets deadline for shale estimates ahead of Gazprom contract expiration The Polish Geological Institute, on 11 May, said it is to publish an updated version of its latest shale reserves in late 2013 and suggested future estimates would be higher than the most recent figures released.
Total has announced today that the Elgin complex, which has been leaking gas since the 25th of March, has ceased leakage following a well intervention operation. The operation, which began yesterday, used the West Phoenix semi-submersible rig to pump heavy mud into the G4 wellhead, the source of the...
Ukrainian ambassador to Turkey Sergiy Korsunsky has said that Ukraine may seek a stake of up to ten percent in the Trans Anatolian pipeline project. Speaking at the CIS Oil and Gas Summit in Paris today in an expert role, rather than that of a government representative, the ambassador said...
The European Commission has today cleared the way for the acquisition of Angola LNG by several oil and gas majors. The news means Total, BP, Chevron, Eni and Sonangol are approved to enter a joint venture to acquire the Angolan company Angola LNG. Through the venture, the companies would export...
An official visit to Canada by Polish Prime Minister Donald Tusk will reportedly lead to formal co-operation between Polish and Canadian based companies in the area of shale gas. Polish daily Dziennik Gazeta Prawna reports that Grupa Lotos SA will enter into an agreement with Talisman Energy, to jointly...
Stephen Crabtree, a geophysicist who has worked in the oil and gas industry for over 30 years (notably working for Phillips Petroleum and Enterprise Oil), said the story of how his company Gripen Gas AB came about was an odd one. He explained, “Almost by accident, I met Torgny Berglund from...