Latest news
Natural gas trading to become more like coal, not oil
New natural gas discoveries and rising demand are changing gas from a cluster of regional markets into a global marketplace, but instead of becoming a second oil market gas is likely to become more like coal.
read more... 26/11/2012
China to become world’s largest generator of nuclear power by 2020
Stephen Wilson, the Rio Tinto Energy general manager of markets and industry analysis, said that currently China is the ninth largest nuclear energy producer and that by 2020 it is likely to become the world’s largest generator of nuclear power.
read more... 23/11/2012
Statoil and Wintershall sign a gas supply contract
Norwegian company Statoil, which states to be the second largest supplier of gas to Europe has signed a gas supply agreement with Germany’s Wintershall for the delivery of about 45 billion cubic meters (bcm) of natural gas to the German and other North-West European markets.
read more... 20/11/2012
The Czech Republic to considerably increase the share of nuclear power production
The Czech government is planning to considerably increase the country’s nuclear power production to at least 50 percent of its electrical energy mix by around 2040 from the current 30 percent and to slash coal use to meet greenhouse gas emission targets.
read more... 14/11/2012
Poland gets cheaper gas from Gazprom
The Polish energy group PGNiG has reached an agreement with Russia’s natural gas monopoly Gazprom on the reduction of prices for the supplied natural gas to the country.
read more... 08/11/2012