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India mulls the reduction of LNG customs duty to 2.5%

India has decided to reduce the duty on LNG imports to 2.5% from 5% to encourage the use of natural gas in the country, finance minister Arun Jaitley said while presenting his federal budget for fiscal 2017-2018 Wednesday.

read more... 07/02/2017

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Statoil discovers a new promising site for gas in the North Sea

Statoil has found a promising site for new gas in the North Sea’s Valemon field.

read more... 07/02/2017

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Npower rises energy prices by 9.8%

Energy provider Npower has made known about its intention to increase prices for householders by 9.8%, adding £109 to the average dual fuel yearly energy bill, rising it to £1,188. It includes a growth of 4.8% on gas and 15% on power.

read more... 06/02/2017

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Sweden establishes target to phase out greenhouse gas emissions by 2045

Sweden established a target on Thursday of phasing out greenhouse gas emissions by 2045, among the most ambitious by any developed country and disregarding ambiguity about climate change policies under U.S. President Donald Trump.

read more... 03/02/2017

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Moscow confident that Hungary could join Nord Stream, Turkish Stream

Moscow does not exclude that Hungary could join Nord Stream and Turkish Stream gas pipelines, declared Yuri Ushakov, assistant to Russia’s President on the eve of Putin’s visit to Budapest.

read more... 02/02/2017

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