gas | Egypt Oil & Gas - Part 52

Austria Seeks Russian Gas with New Pipeline Idea

Austria's state oil and gas oil and gas company OMV wants to build a pipeline to bring Russian natural gas to Europe which would bypass Ukraine, local media reported Saturday.

Gazprom Vows to Cut Out Ukraine as Transit Hub for Gas by 2019

Gazprom has vowed to entirely cut out Ukraine as a transit hub for natural gas exports to Europe.

US Overtakes Russia as Biggest Oil, Natural Gas Producer

The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.

Nigeria Power Plans Require Fixed Gas-Pipeline

For Nigeria’s state-owned energy company, supplying gas to power plants around the country depends on fixing pipelines quicker than they get ruptured.

Europe, Russia Will Inevitably Discuss Turkish Pipeline: Gasprom

Europe will soon be forced to speak with Russia not only on the Turkish Stream issue, but also in regard to increased volume of gas deliveries, Gazprom Deputy Chairman Alexander Medvedev said Tuesday.

US Companies With Low Cost Oil Set to Become Main Focus

“When something on this scale happens, every board asks: ‘What do we do?’ And they call in their M&A advisers and ask them the same question.”

Disputed Claims in Israel Over Leviathan Estimates

Delek Drilling and Avner Oil Exploration have responded to reports in an Israeli newspaper concerning assessment of the resources in the deepwater Leviathan gas/condensate field

Cyprus’ Offshore Fields Now Commercially Exploitable

Cyprus announced on Sunday that offshore reserves in its Aphrodite gas field have been pronounced commercially exploitable, the first such development in four years of energy exploration.

Downturn in North Sea Oil and Gas Will Put Scotland Behind UK

Growth in Scotland will lag further behind the UK in coming years as the downturn in the North Sea oil and gas industry takes a heavy toll on the country, economists have predicted.

Gazprom Declines Amid Asian Expansion, European Slump

Gazprom posted a third straight weekly decline as concern mounted that earnings will be crimped as the Russian natural gas producer spends to expand in Asia while gains in Europe, its biggest market, continue to slum ...

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