Latest news
Chongqing gas mine plans to build 10 billion square gas field
Chongqing Daily reporter learned that the gas mine is speeding up the shale gas business and tapping the potential of the old area, and plans to stop the decline and pick up natural gas production by 2020, with natural gas production exceeding 5 billion square meters by 2025 and 8 billion square meters by 2035 and striving to reach 10 billion square meters.
read more... 11/10/2019
20 Fossil Fuel Companies Generate One Third Of All Global Emissions
New data compiled by the United States-based Climate Accountability Institute and revealed by the Guardian confirms what many already know: at the core of the climate crisis is the fossil fuel industry. The crucial finding from the analysis is that 20 oil, gas and coal companies can be directly linked to over one third of all energy industry greenhouse gases in modern history. Despite knowing the destruction and dangers their activities pose to our planet and people, fossil fuel companies have been driving climate change and hold the key to avoiding impending disaster. What this points to is the urgent need for divestment, in spite of skepticism amongst some leaders.
read more... 10/10/2019
EIB to provide 110 mln euro loan to BEH for Greece-Bulgaria gas link construction
The European Investment Bank (EIB) said on Thursday that it will provide a 110 million euro ($121 million) loan to state-owned Bulgarian Energy Holding to fund part of the Gas Interconnector Greece-Bulgaria (ICGB) project, which will also help establish a link with the Trans Adriatic Gas Pipeline (TAP).
read more... 10/10/2019
Ukraine to export natural gas to Moldova without Gazprom's involvement
The Cabinet of Ministers has instructed NJSC Naftogaz of Ukraine to take measures to ensure natural gas exports to Moldova without the involvement of Russia's Gazprom.
read more... 09/10/2019
Romania's OMV Petrom reports new gas discovery
Romania's top oil and gas group OMV Petrom said on Tuesday said it has discovered new hydrocarbon resources in Gorj county, in Oltenia region.
read more... 09/10/2019