Latest news
Poland to adopt a new shale gas regulation by the end of the year
Poland’s environment ministry is ready to draft new regulation for the exploration and extraction of shale gas and send it to the government for approval before the end of the year, declared Poland's Minister of the Environment Maciej Grabowski.
read more... 27/11/2013
Daily: British prompt gas prices firm as Belgium halt tightens supply
Brent futures traded near $111 a barrel on Tuesday as supply concerns intensified again, with investors assessing the milestone deal between Iran and world powers would not result in an immediate increase in shipments from the OPEC member.
read more... 27/11/2013
UK: The Big Six energy firms increased their profits five fold
According to informations from Ofgem, UK’s energy regulator, the Big Six energy suppliers saw their profit margins in the supply of gas and electricity increase to 4.3% in 2012, in comparison to 2.8% a year before. The big six operators made £53 profit per household customer last year, compared to £30 in 2011.
read more... 26/11/2013
Spain’s Repsol stroke a compensation deal with Argentina’s YPF
Spanish oil major Repsol and Argentina’s main energy company YPF inked a preliminary deal on Monday, under which Repsol will receive a 51 percent stake in the South American’s nation’s energy company.
read more... 26/11/2013
Shale gas in Europe
Unconventional gas is rapidly growing in importance in Europe, with shale gas at the forefront. It is expected that between now and 2035 shale gas could account for about 45% of European gas production, which is the equivalent of 10% of total demand.
read more... 26/11/2013