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Daily: European power prices increase on weaker renewable output
Brent and U.S. crude futures dropped by around2 percent on Friday, dragged down by new concerns about the global economy and expectations that a pipeline moving Canadian crude oil to the United States will restart on schedule.
read more... 22/10/2012
Gazprom boosts gas supplies to Turkey by 50% after Iranian pipeline explosion
The Russian gas giant, Gazprom on Friday has boosted its gas exports to Turkey by 50% to 48 million cubic meters per day in order to compensate for the suspension of imports after a blast late Thursday on the Iran- Turkey gas pipeline.
read more... 22/10/2012
China launches the construction on a new gas pipeline
China National Petroleum has started the construction of the third natural gas pipeline for transporting gas from western to the eastern region of the country. The 19.7 billion dollars pipeline is expected to be completed by 2015.
read more... 19/10/2012
EU may not need Nabucco project
The Nabucco pipeline is a project that would supply gas to Europe, reducing the region's dependence on Russian gas, but with US LNG exports, the European Union may not need the Caspian gas, as there are three main reasons that US LNG are more attractive:
read more... 08/10/2012
Nord Stream’s second line will be launched on October 8
The second line of the Nord Stream natural gas pipeline, which runs across the Baltic Sea connecting Russia’s North- West with Germany, will be commissioned by October 8, said in an interview in Sochi, the Russian President Vladimir Putin.
read more... 12/09/2012