gas | Egypt Oil & Gas - Part 50
Ukraine Stops Receiving Russian Gas as Talks Fall Apart
Russian gas purchases have been suspended by Ukraine after a breakdown in talks aimed at keeping supplies running for three to six months.
China Begins Construction of Power of Siberia Pipeline to Russia
China National Petroleum Corp (CNPC) started construction of the Chinese section of the Russia-China east route gas pipeline designed to pump Russian gas into the country’s northeast territory and beyond.
New York State Bans Fracking Due to Environmental, Health Concerns
New York State has officially banned the use of hydraulic fracturing to extract natural gas, citing its potential impact on health and the environment. Russia Proposes Keeping Ukraine Gas Prices Unchanged
Russia proposes keeping the gas price for Ukraine unchanged in the third quarter, Prime Minister Dmitry Medvedev said on Monday, a day before Russia's energy minister goes to Vienna for gas talks.
Nigeria’s Oil Company Kept Most of Oil Revenue
Nigeria's state oil company earned 8.1 trillion naira ($41 billion) from 2012 until the end of May, but only paid 4.3 trillion to the federal government, the country's National Economic Council (NEC) said on Monday.
Bulgaria Says Gas Interconnector with Greece Could Break Russian Monopoly
Bulgarian Foreign Minister Daniel Mitov pointed to the planned gas interconnector between Bulgaria and Greece as having the potential to break Russian monopoly.
Cuadrilla Verdict in UK Sets Prospects for Shale Gas Back
Prospects for the shale gas industry in the UK have suffered a setback after county councillors voted against plans for exploratory fracking.
Fall in Crude Prices Causes Sales to Drop in US
Share sales by US oil and gas companies have slowed sharply in recent months, in a sign of the tightening financial pressures on the industry following the fall in crude prices.
