Latest news
China to obtain Russian gas
Russia and China are likely to reach framework agreements on gas supplies by the end of March, deputy Russian Prime Minister Arcady Dvorkovich, who is currently on a visit to Beijing, said in a statement. Dvorkovich said that Gazprom and the Chinese partners are engaged in active talks on the terms of Russian gas supplies to China.
read more... 27/02/2013
IEA: Asia to become the second largest gas hub in the world by 2015
Asia could become the second-largest natural gas hub in the world after North America by 2015, according to a report released by the International Energy Agency (IEA).
read more... 27/02/2013
Investment in the UK oil and gas at 30 year high
A new report suggests oil and gas investment rose to £11.4 billion in 2012 and is expected to rise even further to at least £13 billion this year. An industry body claimed that investment in the UK sector of the North Sea in 2013 will be the highest seen for more than 30 years.
read more... 26/02/2013
UK energy bills set to rise
According to Ofgem Chief Executive Officer Alistair Buchanan, UK household energy bills are probable to increase significantly in the coming years, with the share of generating capacity from gas doubling as old oil and coal stations close.
read more... 20/02/2013
Romania: shale gas a priority of the country’s energy policy
In recent weeks the Romanian government is announcing changes in its move toward the exploration and extraction of unconventional gas deposits, while Prime Minister Victor Ponta has begun to talk in positive terms about shale gas, recognizing it as a priority of energy policy.
read more... 19/02/2013