English Edition

Gazprom To Start South Stream Construction In December 2012

Gazprom To Start South Stream Construction In December 2012

Russian state-controlled gas producer OAO Gazprom (GAZP.RS) will significantly speed up the South Stream gas pipeline to Europe and plans to begin construction in December this year, the company said Friday.

Gazprom, Novatek Discuss Joint Yamal LNG Production

Gazprom, Novatek Discuss Joint Yamal LNG Production

Russia state gas giant OAO Gazprom (GAZP.RS) and top independent producer OAO Novatek (NVTK.RS) Friday discussed the possibility of joint projects to increase production of liquefied natural gas in the country's northern Yamal peninsula.

Vattenfall Mulls Constitutional Complaint Over German Nuclear Exit

Vattenfall Mulls Constitutional Complaint Over German Nuclear Exit

Vattenfall Group is seeking billions of euros in financial compensation from the German government over its accelerated exit from nuclear power generation, and is pursuing a double-tracked legal strategy, the company's head of energy production said in an interview with The Wall Street Journal Deutschland.

Gas Use Breaks Record in Turkey

Gas Use Breaks Record in Turkey

Due to the unseasonably chilly winter weather, Turkey broke a natural gas consumption record on Jan. 16, consuming 178 million cubic meters of natural gas.

Cyprus LNG and Possible Markets

Cyprus LNG and Possible Markets

Cyprus has natural gas that can export and together with Israel they reach a critical quantity that allows them to consider building a common LNG liquefaction plant. Taking the assumption that they would not choose the pipeline option, we will look the LNG alternative as of its economic feasibility.

GDF Suez CEO Says Interested In E.ONs Gas Grid Business

GDF Suez CEO Says Interested In E.ON's Gas Grid Business

GDF Suez SA (GSZ.FR) said Wednesday it is considering an acquisition of the natural gas transmission grid that German competitor E.ON AG (EOAN.XE) has put on the block, the French energy giant's chief executive said Wednesday.

Bulgarian Parliament Bans Shale Gas Exploration

Bulgarian Parliament Bans Shale Gas Exploration

Bulgarian lawmakers slapped a ban Wednesday on shale gas exploration and production, bowing to strong public pressure over environmental concerns.

Eni Says It Is Awarded New Barents Sea Exploration License

Eni Says It Is Awarded New Barents Sea Exploration License

Eni SpA (E), Italy's biggest energy company by market value, said Wednesday it was awarded a new exploration license in the Barents Sea by Norway, as it seeks to expand in the hydrocarbon-rich region.

Abu Dhabi, China Seek Improved Upstream Ties

Abu Dhabi, China Seek Improved Upstream Ties

Abu Dhabi has signed an agreement with China to develop greater upstream co-operation during Chinese premier Wen Jiabao's visit to the Mideast Gulf producer.