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Russian Novatek launches gas production at Urengoyskoye field

Russian independent natural gas producer Novatek unveiled it begun the production at the Urengoyskoye field at company’s Olimpiysky license block, in the Yamalo-Nenets region.

read more... 28/10/2013

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Turkey: one of the largest and most dynamic energy markets

Turkey intends to be one of the world’s 10 largest economies by 2023, which means that in less than 10 years, it must move at least one position every year to reach its challenging target. And it is on the right way to reach that goal as in few decades Turkey had succeeded in transforming its economy and its international image from a country that used to depend on external help, to a country that provides external help to others.

read more... 24/10/2013

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Rotterdam LNG Hub gets heavy support from European Commission

The European Commission will grant a subsidy of €74 million ($99.9 million) for the development of the Dutch port as a hub for liquefied natural gas (LNG), acknowledged as a priority project for European transport infrastructure development.

read more... 17/10/2013

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EEA: European Union buoyant about 2020 targets

The European Union is on the track to achieve the 20 percent target set for 2020, according to a report released by the European Environment Agency (EEA), a scientific body set up to inform EU policymakers, published on Wednesday (9 October).

read more... 11/10/2013

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Daily: British gas drops by 4 pct on oversupplied market

Crude oil prices on both sides of the Atlantic rose on Tuesday as geopolitical risk returned into the markets, even as the dollar index turned positive after a mid-morning phone call between U.S. President Barack Obama and U.S. House Speaker John Boehner over the budget crisis. Meanwhile, Brent increased by 48 cents to settle at $110.16 a barrel, after earlier recording gains of over $1. U.S. oil traded 46 cents higher to $103.49, after earlier gaining over $1.

read more... 09/10/2013

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