Latest news
Ofgem to upgrade the national gas and power grids
UK energy regulator Ofgem announced on Monday that it has allocated about 24.2 billion pounds to the improvements of the national gas and power grids. This move will add an average of about 12 pounds to annual household energy bills for the next eight years to come.
read more... 18/12/2012
Germany says yes to shale gas extraction
According to the U.S. Energy Information Administration, Germany has technically recoverable shale gas reserves of about 230 billion cubic meters. Hydraulic fracturing has been practiced in Germany since the 1960s, but was suspended recently on health and safety concerns.
read more... 18/12/2012
Italian Eni to invest $8 billion to strengthen Libyan energy production
The Italian oil giant Eni is planning to invest $8 billion in Libya over the next decade in developing its upstream business as it aims to strengthen its position on the international oil and gas market.
read more... 17/12/2012
AcegasAps, Italgas to create a gas distribution JV in northern Italy
The Italian gas distributors AcegasAps and Italgas (Snam group) inked a framework agreement today for the establishment of a joint venture to manage the gas distribution activities in the territories of Padua, Pordenone, Trieste and Gorizia, in northeastern Italy.
read more... 14/12/2012
UK to withdraw the ban on shale- gas exploration
Ed Davey, Energy Secretary, has announced that exploration works could now continue in the county, allowing Cuadrilla Resources Ltd. to resume operations in Lancashire, which was halted in 2011 when the test-drilling caused two minor earthquakes in northwest England.
read more... 13/12/2012