Latest news
Natural gas trading to become more like coal, not oil
New natural gas discoveries and rising demand are changing gas from a cluster of regional markets into a global marketplace, but instead of becoming a second oil market gas is likely to become more like coal.
read more... 26/11/2012
European Parliament gives green light to shale gas exploration
The European Parliament voted on Wednesday against the proposal to ban new hydraulic fracturing operations in the European Union, giving green light to member states on shale gas exploration and exploitation.
read more... 23/11/2012
Prince Charles opens a new biogas plant in Dorset
Last week Prince Charles has opened a new biogas plant near Poundbury, in Dorset. The plant, will inject gas into the National Grid to be sold on the market. It is owned and run by J V Energen, a joint venture between the Duchy of Cornwall and local farmers, which along with some nearby businesses will supply approximately 41,000 tons of maize, grass silage, manure, and food waste to be processed each year.
read more... 22/11/2012
Shell intends to invest 1 billion dollars annually in China gas projects
Royal Dutch Shell Plc, Europe's largest oil company, is set to invest about 1 billion dollars per year in its upstream businesses in China starting from this year, as a response to the country’s surging natural gas consumption, which is expected to rise to 230 billion cubic meters by 2015, announced on Tuesday Peter Voser, the company's chief executive officer.
read more... 21/11/2012
Daily: UK wholesale gas prices drop on warmer weather, healthy supplies
Brent and U.S. crude futures increased on Monday, backed by supply concerns amid escalating violence in the Middle East and optimism that U.S. officials will reach a deal to avoid the budget crisis.
read more... 20/11/2012