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World’s largest shale gas deposits estimated to be in Ukraine.

The Minister of Environment and Natural Resources of Ukraine, Mykola Zlochevsky, along with the Chairman of NAK "Nadra of Ukraine", Eduard Stavytskyi, announced at the "World Shale Gas - 2010" exhibition and conference that Ukraine currently possesses the world’s biggest shale gas deposits.

read more... 30/11/2010

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Daily Energy Market Overview, Tuesday, November 30, 2010

Oil dropped on Tuesday, on worries that China may raise interest rates and limit energy demand growth, while a slowdown in Japanese and South Korean factory production added to evidence of a slowdown in Asia.

read more... 30/11/2010

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Europe can’t afford all pipelines planned.

After the gas crisis that occurred in 2009 because of Russian and Ukraine disputes, cutting a fifth of Europe’s gas supply induced the EU to consider alternative gas supply sources.

read more... 29/11/2010

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Ukraine’s Naftogaz sealed a deal with Egyptian authorities upon oil fields.

Egypt's Prime Minister, Ahmed Mohamed Nazif, was cited by a Ukrainian press agency announcing that the Ukrainian company, Naftogaz Ukrainy, received the green light for the exploration and extraction of oil in Western Sahara.

read more... 29/11/2010

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Ontario praised by the Canadian wind energy association.

The Canadian Wind Energy Association (CanWEA) salutes Ontario’s government for progress in the energy sector with the Long Term Energy Plan (LTEP) which basically consists in developing its renewable energy sector to produce 10,700 MW by 2018.

read more... 29/11/2010

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