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Nabucco’s future decided by Azeri gas deliveries.

The chief executive of Austrian OMW, Wolfgang Ruttenstorfer reported to the Austrian newspaper, Kurier that the Nabucco gas pipeline project will be implemented only if the project partners will be able to secure big gas deliveries from Azerbaijan in the next months.

read more... 21/02/2011

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DEG to finance the development of wind energy sector in Thailand

Recently, several German companies (Deutche Investitions- und Entwicklungsgesellschaft along with Energiequelle and Umweltconsulting) announced the development of the wind energy sector in Thailand.

read more... 21/02/2011

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Oil spill in the Norwegian national park

An Icelandic cargo ship was leaking oil in a Norwegian national park on Friday after running aground and breaking two 250-ton fuel tanks.

read more... 21/02/2011

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Daily Energy Overview, Friday, February18, 2011

U.S. crude futures rose for a second day in line on Thursday, as civil protests keep up and could have a negative impact for oil producers and cause supply perturbations. Crude for March delivery ended 1.67 percent up at 86.36 dollars a barrel on the NYMEX market.

read more... 18/02/2011

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EU considers fusion between Nabucco and ITGI gas pipeline projects

EU officials are interested in a fusion between Nabucco, a Turkey-Austria pipeline, and ITGI (Interconnector Turkey-Greece-Italy), two strategic gas projects in order to carry gas from Azerbaijan to Europe and to reduce the Russian dependence on gas supplies.

read more... 18/02/2011

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