The US and the EU support energy reforms in Ukraine
The USA, the EU and Canada will work closely with Ukraine towards its gradual integration into the European energy market. The Unites States of America and the European Union expressed support for energy...
Cabinet to increase gas tariffs for households to 100% of market price
On Wednesday, Volodymyr Groysman’s government may fulfill one of the most important requirements of the IMF – to raise gas tariffs for the population to 100% of the import parity, according to Europeiska...
Will Poroshenko Agree To Backstop China Loan To Ukraine Gas Co?
Ukraine’s largest gas company is hoping its government will agree to ink a sizable loan deal offered by the Chinese nearly four years ago. Time is running out. Ukraine’s state-owned Naftogaz said Friday...
Norway May Boost Gas Output as Russia, U.S. LNG Supply Increases
Norway will allow increased production from its biggest natural gas field as Europe’s second-largest supplier of the fuel prepares for increased competition with Russia and the U.S. The production permit for Troll was...
Renewable Energy Investments Set New Record, Twice That of Coal and Gas
Global investment in renewable energy was more than twice that of coal and gas last year, according to a new report, despite plummeting fossil fuel prices. Renewable energy investment totaled a record $286...
Iraq exports gas for the first time ever
Iraq exported its first delivery of natural gas in its history on Sunday, according to an Iraqi government spokesman. The gas was produced in Basra by that region's gas company which is jointly...
U.S. Blocks Oil, Gas Drilling in Atlantic Coastal Waters
The Obama administration on Tuesday pulled back its plan to sell new oil and gas leases off the southeast U.S. coast, ceding to environmental concerns and continuing a trend among federal agencies to...
Turkish companies ‘may go to arbitration for Gazprom gas cut’
Some Turkish gas importers may go to arbitration court for the recent gas cut by Russia’s Gazprom, according to sources close to the matter. “We want this issue to be resolved in line...
New JKX chief looks to settle Ukraine lawsuit
The new head of JKX, the London-listed oil and gas company whose directors were ousted last month, says it wants to resolve its legal case against the Ukrainian government. Tom Reed outlined his...
Oil and gas revenues of the budget of Russia in January fell by almost a third
Because of very low oil prices in the beginning of the year oil and gas revenues of the Russian budget in January fell by almost a third compared with January 2015, and the...
