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Will Israel’s nonchalance turn off Woodside? Israel is not against gas exports in principle. The main debate dividing the country has been centered around the quantities of gas to export (and hence the amounts of gas to preserve for domestic uses). The cabinet has yet to decide on those ratios...
Negotiations are underway in Athens as the State Oil Company of Azerbaijan Republic (SOCAR) is nearing towards the acquisition of a 66% share and the management of Greek natural gas network manager DESFA SA. SOCAR re-submitted a binding bid for just over €400 million, well over the minimum...
“Do we want to have gas – first of all to stop importing from Russia – do we want to have it cheap and do we want to make the Romanian industry competitive and, of course, to have lower expenses for the people? Then we must have gas. If not, if we import it from Russia, it will be expensive.
The villagers of Balcombe already face the prospect of fracking on their doorstep — now they have learnt that the company behind the plans intends to burn waste gas from a 12-metre tower. Cuadrilla Resources, the shale oil and gas explorer, has applied for a flaring permit from the Environment...
France, Europe’s largest energy market after Germany, may weaken the security of its natural-gas supply as it ties regulated tariffs more closely to spot prices, the industry regulator said. The share of supply indexed to the spot market will rise to 45 percent from 36 percent, Philippe...
Russia’s Gazprom and China National Petroleum Corporation (CNPC) are expected to sign a long-term contract by the end of the year, with the Russian gas sold to China at a price independent of Henry Hub, said Alexey Miller, Chairman of Gazprom’s Management Committee. “The price of gas...
Cyprus is negotiating with Israel’s Delek Drilling to develop a liquefied natural gas (LNG) terminal by 2020 to tap the East Mediterranean’s natural gas and serve buyers in Europe and Asia, writes Reuters on Wednesday. "Delek confirmed strong interest in our plans and that they are very...
France will increase its share of supply indexed to the spot market from 36 to 45%, said Philippe de Ladouchette, head of the Commission de Regulation de l’Energie in a parliamentary hearing on Wednesday. “This level is relatively high and if it goes any higher we will have to ask questions...
Russian energy giant Gazprom avoided making a final investment decision Tuesday on the giant Shtokman field in the Arctic amid falling European demand and cheap shale gas in the United States. The energy giant’s board of directors said in a statement on Tuesday that Gazprom would continue optimizing...
Senior management changes have occured at Bulgarian Energy Holding (BEH), with dismissal Chief Executive Officer Mihail Andonov, Dragomir Stoynev, Bulgaria's Minister of Economy and Energy, dismissed the Board of Directors of BEH including Andonov, Bozhan Stoyanov, and Todor Shopov. The state owned...
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