Latest news
Poland makes public its long-awaited shale gas draft
Poland’s government publicly unveiled the draft law to tax shale gas operations.
read more... 04/03/2013
Daily: UK spot gas settles up on less supply from Norway, Belgium
Brent and U.S. crude oil futures dropped on Friday, marking the lowest levels in six weeks and since early December respectively. Brent crude slipped by 98 cents to settle at $110.41 a barrel on Friday, after having fluctuated between $111.36 and $109.82 during the session, while U.S. crude oil futures for April delivery shed $1.37 on Friday to settle at $90.68 a barrel.
read more... 04/03/2013
UK coal consumption increased 32.5% in 2012
According to the latest statistics released by the Department of Energy and Climate Change, consumption of coal in UK increased by 32.5% in 2012, reaching its highest level since 1996, while gas output fell by 33.8%, its lowest level since the same year. Coal power surpassed gas, becoming the biggest single source of UK electricity in 2012.
read more... 01/03/2013
UK: Shale gas will not cut the cost of gas
According to a new study realized by Bloomberg New Energy Finance, the exploitation of the UK’s shale gas resources is unlikely to result in low natural gas prices, as the cost of shale gas extraction in the UK could be considerably higher than in the United States, where the development of shale gas resources has resulted in a substantial reduction of prices.
read more... 28/02/2013
Eni strikes a new gas discovery off the coast of Mozambique
The Italian energy major Eni announced that it has discovered more gas off the coast of Mozambique.
read more... 28/02/2013