gas | Egypt Oil & Gas - Part 53
OPEC Accepts US Shale Oil in Strategy Shift
The OPEC cartel, which meets on output this week, appears to have changed its approach to US shale oil -- which it now welcomes as part of the global energy landscape.
Introduction of Fracking in Spain Causes Concern
Thousands of people in Spain have organised to protest the introduction of “fracking” – a controversial technique that involves pumping water, chemicals and sand at high pressure into shale rock to release gas and oil.
China Starts Construction on Pipeline to Bring in Russian Gas
Russian state gas company Gazprom says China has started construction on a pipeline to bring Russian gas to China.
Major US Pipeline Company Shells Out $2.15b for Texas Pipelines
Enterprise Products Partners LP, one of the largest pipeline companies in the U.S., will buy Texas oil and gas pipelines and processing plants from Pioneer Natural Resources Co. and Reliance Industries Ltd. for $2.15 ...
Russia Moves Forward with Turkish Pipeline Dreams
Russia's Gazprom plans to start building a pipeline to Turkey this month to get gas to Europe without going through Ukraine, company sources said, although it has no firm agreement with Ankara and faces opposition fr ...
Croatia Considers Oil, Gas Exploration’s Threat to Tourism
When Croatia announced in 2013 it would set a tender to explore for oil and gas in its pristine Adriatic waters, the government evoked the hydrocarbon riches of Norway to win over the plan's many detractors.
Financing for Russian Gas Pipeline Secured: Greece
The financing of the extension of a pipeline carrying Russian gas from Turkey to Greece has been secured and a deal could be signed this month, the Greek energy minister said Monday.
Russian Oil Company Begins Trading in Chinese Currency Amid Continued Sanctions
Gazprom Neft, Russia’s third-largest oil producer, is now settling all of its crude sales to China in renminbi, in the most clear sign yet that western sanctions have driven an increase in the use of the Chinese curr ...
