Latest news
Bergermeer gas storage project halted by Dutch Court
The giant Bergermeer gas storage project has been temporarily halted by the highest administrative court of the Netherlands on Monday, due to environmentalists and local residents’ worries that the process of injecting gas would cause tremors in the area.
read more... 10/08/2011
Total makes a major discovery in the Barents Sea
Total EP Norge AS, operator of production license 535,along with its partners Rocksource, Det Norske and North Energy has announced a gas discovery on the Norvarg prospect in the Barents Sea. This is Norway’s second large gas discovery in the area this year.
read more... 09/08/2011
E.ON increases its bills despite a drop in gas costs
Despite a drop in gas wholesale prices, which hit the lowest level this year, E.ON became the last of the six energy suppliers to boost the bills for the consumers by 18% for gas and 11.4% for electricity from September, copying the earlier decision of British Gas, Scottish Power and Scottish & Southern.
read more... 08/08/2011
Siemens to build a gas turbine in Russia
The engineering conglomerate, Siemens will enter into a joint venture with the Russian company Power Machines OJSC to build gas turbines.
read more... 04/08/2011
Nabucco’s future dependent on Azerbaijan
In the article entitled “Nabucco Pipeline’s Fate Hinges on Azerbaijan”, published by The Wall Street Journal, the author relates that the fate of the Nabuccco pipeline, which will be able to carry 31 billion cubic feet per year of gas linking the Caspian to Austria by traversing the heart of Turkey proposed in 2002, may depend on Azerbaijan.
read more... 03/08/2011