Latest news
Daily: British spot gas prices fall on milder weather
Brent crude oil futures traded above $108 a barrel on Wednesday with investors skeptical whether to lock positions ahead of a U.S. Federal Reserve policy decision on a plan to slash its monetary stimulus. Brent crude dropped 10 cents to $108.34 by 13:23 GMT, after settling nearly $1 lower on Tuesday. U.S. oil rose 17 cents to $97.39, after settling 26 cents lower.
read more... 19/12/2013
UK is going ahead with shale gas exploration
Britain is moving ahead with plans to accelerate the search for shale oil and gas, as a British government report has found that more than half of the country could be suitable for shale gas fracking. The government published a new report which claims the energy source will not have a detrimental effect on the environment.
read more... 18/12/2013
PGNiG and Chevron to explore for shale gas reserves in the southeast of Poland
Poland’s oil and gas company PGNiG, signed a letter of intent with American fuel giant Chevron, on the terms of a possible cooperation on shale gas exploration projects, which would bring together four licences in southeastern Poland.
read more... 17/12/2013
Shale gas to cut Poland’s CO2 emissions
The possibility offered by Poland’s shale gas reserves will allow the country to build upon its recent economic development, as well as to reshape its energy sector.
read more... 13/12/2013
Natural Gas to become world’s second main fuel
According to a new research made by ExxonMobil, the world’s largest oil and gas firm, in about eleven years gas will be the world’s second main fuel on an energy-equivalent basis, only behind oil. Natural gas will surpass coal as a global energy source in part because of the green benefits it offers.
read more... 13/12/2013