The US and EU sanctions are primarily targeted at the country's oil industry, for very obvious reasons. Russia provides about 30% of Europe's gas, so it's simply not in the EU's interests to compromise Gazprom's ability to produce and export gas.

Russian natural gas producer Gazprom put Ukraine's total gas debt at almost $29.5 billion on Thursday, ratcheting up pressure in a gas pricing dispute with the country, which is fighting a pro-Moscow rebellion on its eastern outskirts.

LNG is expected to surpass iron ore as the second most valuable physical commodity after oil this year, according to analysts at Goldman Sachs, who predict it will top $120bn.

Norway's previously long-standing cordial relations with Russia have deteriorated to the point that there is a real chance that simmering feelings could escalate, leading to a breakdown of cooperation in the oil and gas sector.

Discoveries of natural gas offshore Israel signalled the eastern Mediterranean as a new frontier for the development of natural gas resources. The gas discoveries provide a unique opportunity for Israel to change its mentality vis-à-vis neighbouring countries and view the resources as a tool for strengthening regional cooperation and solidarity through energy diplomacy. While security concerns in Israel remain paramount, diplomacy in the context of the eastern Mediterranean transcends traditional foreign and security policy considerations, and attempts to use economic and commercial means to interlink the countries of the region through energy relations.

Сотрудничество компании "Роснефть" с венесуэльскими партнерами носит характер надежного и стратегического партнерства, ориентированного на долгосрочное взаимодействие.

The UK's new Conservative government is planning an energy bill to set up the new Oil and Gas Authority with the powers it needs to become a "robust, independent and effective regulator"

The Italian energy company Eni has discovered a gas and condensate deposit in the rich Bouri Field off the coast of Libya, the second such discovery of 2015. Both discoveries come as the North African country is engaged in a protracted civil war.

Turkmenistan is systematically increasing the volumes of contracts for the gas supply to China. And taking into account the growing demand for gas in China, the gas supplies from Turkmenistan to China will continue to grow.

OAO Rosneft may have to turn to competitors to buy natural gas and state aid to help honor a $50 billion contract it won away from OAO Novatek three years ago, according to two people with knowledge of the matter.