gas | Egypt Oil & Gas - Part 47

Algeria Cuts Spending, Energy Revenues Falls

Algeria will trim spending in its 2015 budget by 1.35 percent, expecting a slump in oil prices to reduce its energy earnings 50 percent, the government said on Thursday.

Deadline for Egypt’s 2nd LNG Tender End of July

The Egyptian Natural Gas Holding Company (EGAS) issued a second international bid for foreign companies to supply 45 liquefied natural gas (LNG) shipments until the end of 2016.

Sherif Ismail Signs Update to Eni Agreement

Egypt and Eni on Friday signed an update to the head of agreement reached in March, following the recent discovery of gas reserves of up to 15 billion cubic meters in Egypt's Nile Delta region.

Task Forces Says UK Fracking ‘Could Be Safe’ Under Regulation

Fracking could potentially be done safely in the UK under "rigorous regulation", but it is too early to say whether it would be "a good idea", the Task Force on Shale Gas has reported.

Netherlands Bans Drilling for Shale Gas Until 2020

Government of Netherlands has banned drilling for shale gas in the country for the next five years over concerns about their environmental impact.

Russia Provides Greece with Energy Lifeline

The Kremlin will do its part in the Greek economic recovery by working to support the country's energy sector, Russia's energy minister said.

Belarus Denies Transfer of Liquid Gas to Ukraine

The authorities of Belarus have blocked the transit of liquid gas to Ukraine.

Turkmenistan May Switch Russia for China as Gas Partner

Much of Turkmenistan’s future stability will hinge on the specific partner that will replace Gazprom, who was recently declared by the Central Asian country as an insolvent one, Luca Anceschi, lecturer at the British ...

Russia May Bailout Greece on Energy Needs

According to a report in Russian state-run media outlet Sputnik News, Russia is nearing an agreement to make "direct deliveries" of energy to Greece.

US to Continue Cooperative with Azerbaijan on Southern Gas Corridor

Being a strategic partner and friend of Azerbaijan, the US will continue cooperating on the Southern Gas Corridor project and other projects to be implemented in the future, Special Envoy and Coordinator for Internat ...

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