British Gas former monopoly is under threat to be split up to put a cap on excessive profit margins charged by UK’s largest gas supplier, according to a declaration made by Energy Secretary Ed Davey.
read more... 12/02/2014
A consortium of Italian companies is eyeing developing a liquefied natural gas (LNG) terminal in northeastern Italy, move which will help to decrease their energy costs.
read more... 11/02/2014
Russian energy giant Gazprom is the top provider of natural gas to Turkey, after the energy-hungry Turkey imported more than half of its gas needs from the Russian company last year.
read more... 04/02/2014
China’s natural gas imports have been boosted in latest years as a result of growing demand, since the country is trying to decrease its fossil fuel consumption and improve air quality. China saw its total volumes of imported natural gas increasing by 25 % year on year in 2013.
read more... 04/02/2014
UK shale gas industry will need at least five years and up to 40 fracking wells to be drilled in order to assess its potential, according to Lord Browne, the chairman of Cuadrilla company.
read more... 03/02/2014