Natural Gas in Europe

Natural Gas in Europe

Europe buys one-quarter of its natural gas from Russia and will remain dependent on that supply for the foreseeable future. However, that's not to say no natural gas companies are operating in Europe.

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Company News

BRS Resources Files Drilling Application for Armonia Prospect

BRS Resources Files Drilling Application for Armonia Prospect

BRS Resources (TSXV:BRS) announced that its subsidiary, AleAnna Resources, has filed a drilling application for its Armonia prospect. AleAnna currently owns the largest 3D geophysical data inventory for onshore gas in Italy.

WellStar to Acquire Producing Canadian Oil and Gas Assets

WellStar Energy Corp. (TSXV:WSE) announced that it has entered into a letter of intent (LOI) with an arm's length vendor regarding the acquisition of producing oil and gas assets situated in Saskatchewan and Alberta.

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Market News

Crude Oil Falls to 15-month Lows

Benchmark crude oil prices fell to 15-month lows on Monday, which could hasten already falling gas prices.

Oil, Gas Industry Clarity Coming Soon to South Africa

Mining Weekly reported that according to Ngoako Ramatlhodi, South Africa's minister of mineral resources, the country's oil and gas industry should be aware of any potential legislative changes as early as next week.

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