Latest news
ENEL looking for a stake in TAP
Italy's biggest power utility Enel is in talks to obtain a 20% stake in the Trans-Adriatic Pipeline (TAP), project that aims to pump Azeri gas to Europe. Enel, necessitates more gas to fire part of its power generation fleet and to sell to consumers. Enel is developing a LNG terminal on the island of Sicily and has a stake in the GALSI project, which aims to transport Algerian gas into Italy
read more... 28/03/2013
Daily: British gas prices remain high on production outages
Crude oil prices increased on Wednesday in choppy trading as U.S. oil for heating hiked on declining distillate inventories, while increasing crude oil stockpiles in the U.S. and the firmer dollar capped gains.
read more... 28/03/2013
US emissions are declining
Emissions of carbon dioxide in the United States are declining; meanwhile coal and shale gas exports are increasing sharply causing a further darkening of skies over Europe and Asia. According to figures showed by EIA, US coal exports reached a record of more than 115 million tons in 2012, more than double if compared to 2009 figures, and a 17% increase over the previous year.
read more... 27/03/2013
UK received LNG from Qatar
UK has received a liquefied natural gas shipment from Qatar, because of dwindling gas supplies due to the unseasonably severe March weather which continues to put increasing demands on the National Grid. Two more shipments from Qatar are due in the coming week.
read more... 26/03/2013
Shell to develop shale gas reserves in China
Shell has won government the authorization for its production sharing contract with China National Petroleum Corp., the nation’s biggest oil and gas company. China is working with overseas partners in a move aiming to begin hydraulic fracturing.
read more... 26/03/2013