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UK’s Centrica to strike the first LNG deal with U.S.

Centrica, UK’s biggest household energy supplier envisages signing a long-term LNG import deal with U.S. companies, as UK is facing difficulties finding new natural gas supply sources to meet its increasing import demand as global price variations and new gas discoveries are favoring carrying the gas to Asia instead of Europe.

read more... 11/03/2013

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UK: Centrica abandons plans to build new nuclear power plants

Centrica has announced that it intends to abandon plans to build new nuclear power stations in the UK because of the rising costs following changes to regulations after the Fukushima disaster in 2011. Centrica had been planning to build four plants with the French supplier EDF, but has now pulled out of the partnership.

read more... 05/02/2013

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China is devouring 33% of world’s solar panels

China is emerging now as a significant market for solar panels, not only as the largest solar panel supplier in the world, but also as an important consumer of these products. As of Q4 2012, China has been purchasing a third of the world’s solar panels, according to a new research released by NPD Solarbuzz.

read more... 24/01/2013

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Bulgaria will be able to import gas from Europe in 2014

According to Bulgaria’s deputy minister of economy and energy, Evghenia Haritonova, Bulgaria will be able to import natural gas from European suppliers in 2014.

read more... 04/01/2013

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Gazprom to reduce natural gas prices for Europe in 2013

Gazprom, the leading European supplier of natural gas which supplies nearly a third of its gas, has come under increasing pressure from the supplier opponent, as well as Statoil, so that Russia would change the price of their policies in order to reflect the requirements of the buyer for cheaper gas.

read more... 19/12/2012

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