Space Industry and Business News  
OIL AND GAS
Europe vetting comments on Russia's control over gas
by Daniel J. Graeber
Brussels (UPI) Mar 13, 2017


All interested parties are invited to offer comments on whether or not Russian natural gas company Gazprom is playing by the rules in Europe, the European Commission said in a report on Monday.

Gazprom is the dominant Russian natural gas company and one of the top suppliers to the European economy. Most of its supplies to Europe run through Soviet-era networks in Central and Eastern Europe.

A report from the European Commission finds Gazprom is more or less committed to fair competition in the region by selling its gas at a competitive price.

"Gazprom cannot act on any advantages concerning gas infrastructure, which it obtained from customers by having leveraged its market position in gas supply," the commission stated.

A Polish company known by its initials PGNiG issued a complaint to European justice officials that said Gazprom was not in compliance with rulings on the regional gas market, namely the Russian company's access to the OPAL pipeline. According to the Polish company, Gazprom is striving for "complete dominance" over parts of the European energy market.

Margrethe Vestager, the European commissioner in charge of competition policy, said Gazprom has largely addressed many of the commission's competition concerns.

"We now want to hear the views of customers and other stakeholders and will carefully consider them before taking any decision," she said in a statement.

The commission said that if Gazprom is found to be operating outside its commitments, it could face a fine of up to 10 percent of its global turnover.

Two years ago, the European Commission said it was concerned Russia was breaking anti-trust rules in the region by working to partition Central and Eastern European gas markets.

OIL AND GAS
U.S. companies claim largest onshore oil discovery in 30 years
Washington (UPI) Mar 10, 2017
Energy enterprises Repsol and Armstrong Energy say they made the largest U.S. onshore oil discovery in three decades in Alaska. The conventional hydrocarbon oil was found in the Horseshoe-1 and 1A wells initially drilled during the 2016 to 2017 winter campaign in the Nanushuk, an area located in Alaska's North Slope. Repsol currently holds 25 percent working interest in the Horse ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment on this article using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Sandia creates 3-D metasurfaces with optical possibilities

First exact model for diffusion in magnesium alloys

Understanding what's happening inside liquid droplets

Conquering metal fatigue

OIL AND GAS
Rockwell Collins, Australian air force test WBHF communication system

Space aggressors jam AF, allies' systems

General Dynamics gets enterprise communications contract

Harris intros new wideband manpack radio system

OIL AND GAS
OIL AND GAS
DevOps process reduces GPS OCX development time for Raytheon

Police in China's restive Xinjiang to track cars by GPS

GLONASS station in India to expedite 'space centric' warfare command

Australia and Lockheed field 2nd-Gen sat-based augmentation system

OIL AND GAS
Designing the fuel-efficient aircraft of the future

U.S. Air Force F-16s to receive weapon systems update

Boeing to provide additional support for Saudi F-15s

Rheinmetall making ammunition for U.S. Air Force F-35s

OIL AND GAS
Single molecule switch

Reducing conducting thin film surface roughness for electronics

Researchers flip a magnetic memory cell with a light pulse at record speed

The prototype of a chemical computer detects a sphere

OIL AND GAS
'Angry' Australian summer weather smashes records

Study shows US grasslands affected more by atmospheric dryness than precipitation

Second 'colour vision' satellite for Copernicus launched

TRIPLESAT Constellation Tasking with SpyMeSat Mobile App

OIL AND GAS
Environmental risks kill 1.7mn kids under 5 a year: WHO

City noise linked to hearing loss: study

Bangladesh orders shutdown of city tanneries

Pakistan's financial capital Karachi turned 'into rubbish bin'









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.