Four ex-communist countries have signed a declaration of support for the construction of a gas pipeline across all four states that will ease dependence on energy coming from Russia.
Norway has overtaken Russia as western Europe’s top gas supplier, data from state firms shows, indicating the European Union’s drive to reduce its dependence on Russian energy is bearing fruit.
Iran has gone on a spree of negotiations with the Africans and the Europeans besides the Asians for sales of its liquefied petroleum gas (LPG), an official said on Monday.
Gérard Mestrallet, chief executive of Engie, one of the world’s biggest power companies, says fossil fuel electricity generation is on the way out in Europe.
Europe's largest oil companies are banding together to forge a joint strategy on climate change policy, alarmed they'll be ignored as the world works toward a historic deal limiting greenhouse gases.
May 18 Albania will offer companies interested in oil and gas exploration seven offshore and onshore blocks in June in a bidding process, officials said on Monday.
Colossal reserves of shale gas have been discovered in Sweden, according to a survey published in The American Association of Petroleum Geologists Bulletin.
The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview.
Fuel oil stocks stored in the oil hub of Singapore are the highest in nearly two years as soaring Russian supplies are diverted from Europe, threatening to pressure Asian prices of the product that have rallied 10 pe ...