Displaying 1 - 10 of 48 articles
Canadian-based company DualEx International has completed acquisition of an additional 29.56% interest in PetroHungaria, its partially-owned operating subsidiary in Hungary. In a statement DualEx said that its subsidiary DualEx Nyirseg had purchased the interest from Ascent Resources for a cash consideration...
For people in the oil and gas industry, it's the stuff of nightmares - usually: a face-to-face forum with environmental groups, who, it sometimes seems, are opposed to pretty much everything. But such bad dreams have been put to bed for unconventional gas explorer Falcon Oil & Gas, or at least for...
The Interconnector Azerbaijan-Georgia-Romania-Hungary (AGRI) pipeline project is still possible, and could provide a stimulus for “east Caspian countries” to produce more gas, according to energy specialist Liana Jervalidze. AGRI, a proposed source of liquid national gas (LNG) to Europe...
Poland, Hungary, Italy, Germany and other European states are negotiating use of Ukraine's underground gas storage facilities. This was announced by Ukraine's Minister of Energy and Coal Eduard Stavitsky at a press conference in Kyiv. The Kyiv Post reported that the minister...
The first quarter of 2013 was a time of fundamental ownership changes among the key gas companies in Central Europe. Those companies which underwent a change in ownership include the Czech and Slovak transmission system operators as well as some of the key gas shipping, distribution, and storage companies...
The rewards of shale gas are starting to outweigh the potential risks of getting the energy source out of the ground for a number of European countries. Reserves of the gas are now thought to be much larger in some states than previously estimated. In others, there is growing concern over the dominance...
Ukrainian Deputy Energy Minister Volodymyr Makukha has denied that importing natural gas from European markets violates international law. Russia's energy giant, Gazprom, has accused Ukraine of acting fraudulently by pursuing reverse shipments of European natural gas. Most of Russia's natural gas for...
Hungarian state-owned energy group MVM Zrt is to buy Hungarian natural gas units from Germany's E.ON AG. The transaction price is €870 million ($1.11 billion). The transaction includes a natural gas storage and E.ON's local natural gas trade company, and is set to close in the second half...
Ukraine plans to import 5 billion cubic meters of gas a year via Hungary, a government minister has said. The gas will be purchased on spot markets, Minister of Energy Eduard Stavitsky told journalists in Budapest while on a visit to the Hungarian capital. Stavitsky said the natural gas will be...
Prime Minister of Hungary, Viktor Orban, has described the overturning of a gas price reduction in his country as "scandalous." The prime minister was spoke in Hungarian parliament today, following the decision of a court to overturn a government mandate. The mandate, which was imposed on various gas...
