Poland, the place where international energy companies are struggling for the license to drill for shale gas, wants to break the Russian energy grip and sees the shale gas extraction practice as direction to independence from the Russian giant Gazprom, even if many residents near the drilling places are concerned about the risks.
read more... 10/02/2012
The German multinational conglomerate company Siemens has received another major order from the combined cycle power plant (CCPP) in Saudi Arabia, IPP Qurayyah, involving the supply of key components worth over $1 billion.
read more... 08/02/2012
In its February Short-Term Energy Outlook, the US Energy Information Administration on Tuesday slightly boosted its forecast for domestic natural gas production growth in 2012, expecting output this year to be 2.3% higher from 2011's record levels.
read more... 08/02/2012
Russian gas flows to Bulgaria, Slovakia, Austria, Hungary, Poland and Greece have been reinstated to normal volumes over the weekend, while the gas deliveries to Romania, Germany, and Italy are increasing, European Commission press secretary Marlene Holzner said on Monday.
read more... 07/02/2012
The Russian energy giant Gazprom announced that Montenegro is joining the south Stream project, which is designed to transport Russian natural gas under the Black Sea to Europe.
read more... 06/02/2012