Latest news
Norway to delay gas tariff cuts amid major protests
Norway, which is Western Europe’s biggest gas exporter, has delayed its plans to cut tariffs on natural gas transported via the Gassled pipeline network, following protests coming from investors in the country’s pipeline system.
read more... 16/04/2013
OPEC downwardly revises demand for its crude oil in 2013
The Organization of Petroleum Exporting Countries (OPEC) is forecasting that the demand for its crude to slash because of an ample production from main competitors, showing that the inventories could significantly bolster despite a massive cut in output by top exporter Saudi Arabia.
read more... 17/01/2013
Norway proposes tariff cut in its gas pipeline system
Norway's Minister of Petroleum and Energy, Ola Borten Moe, proposed on Tuesday to slash natural gas transport tariffs for new gas contracts, aiming to encourage higher production and exploration in mature fields. Norway is the world`s second largest gas exporter supplying about 18% of Europe’s needs.
read more... 16/01/2013
Iraq could overtake Russia as the world second largest oil exporter by 2030
Iraq has the potential to become the world’s second-largest oil exporter by 2030 and double its output by 2020, according to a study released by the International Energy Agency, overtaking even Russia in terms of exports.
read more... 10/10/2012
UK to become a net power exporter by 2020
Britain could become a net exporter of energy within 8 years due to increasing renewable energy production and the construction of new interconnectors that will contribute to provide more power to its neighbors.
read more... 27/09/2012