The start of gas trading activities by the CEGH Gas Exchange of the Vienna Stock Exchange (Wiener Börse) today marks a further step towards positioning the Central European Gas Hub (CEGH) as an important international hub and trading gateway into the CEE area.
The CEGH ranks among the largest gas trading platforms in [...]
Though international oil and gas prices have fallen steeply resulting in the economies of many countries in the Middle East facing negative growth and large-scale cut backs in energy projects, Qatar stands out as an exception.
Though the country’s hydrocarbons sector and the economy it underpins will not enjoy the same heady rates of growth seen [...]
Poland’s natural gas monopoly (PGNiG) and Russia’s Gazprom agreed on cooperation in gas supplies to Poland, PGNiG said in a statement on Friday.
“Both sides have agreed to increase supplies & to prolong the existing contract till 2037. Besides, a compromise on managing the Europol Gaz company and its rate policy has been found” PGNiG [...]
The Vice Prime Minister of the Russian Federation, Igor Ivanovich Sechin, the Russian Minister of Energy, Sergei Shmatko, the Minister of Energy of the Republic of Turkey, Taner Yildiz and the Minister for Economic Development of the Italian Republic, Claudio Scajola, signed today in Milan a joint statement concerning the construction of the Samsun-Ceyhan oil [...]
Turkey and four EU member states have signed a historic deal in Ankara allowing work to start on the Nabucco natural gas pipeline, which is aimed at allowing the European Union to tap directly into non-European gas reserves.
The Nabucco Intergovernmental Agreement that was signed by representatives of transit countries Turkey, Bulgaria, Romania, Hungary, and Austria, [...]
As previously discussed in Russian Energy Bears, state owned Gazprom is on the prowl for new acquisition targets near to home, the latest potential suitor is Serbian state energy company NIS (Naftna Industrija Srbije).
As reported in early December by news agency Novosti, Gazprom is looking to acquire 51% of the Russian sattelites energy reserves & control [...]