Latest news
Gazprom boosts gas supplies to Turkey by 50% after Iranian pipeline explosion
The Russian gas giant, Gazprom on Friday has boosted its gas exports to Turkey by 50% to 48 million cubic meters per day in order to compensate for the suspension of imports after a blast late Thursday on the Iran- Turkey gas pipeline.
read more... 22/10/2012
Daily: UK gas prices up on tight supplies
Brent crude futures declined on Thursday on the expected restart of a North Sea oilfield in weekend and pessimistic data on U.S. jobless claims.
read more... 19/10/2012
China launches the construction on a new gas pipeline
China National Petroleum has started the construction of the third natural gas pipeline for transporting gas from western to the eastern region of the country. The 19.7 billion dollars pipeline is expected to be completed by 2015.
read more... 19/10/2012
Daily: UK gas prices increase across the board on colder weather forecast
Brent crude prices declined on Wednesday as an increase in U.S. crude oil and gasoline inventories continued to slow down the economic growth, while a weaker dollar and concerns about supply disruptions capped losses.
read more... 18/10/2012
UK could resume the shale gas fracking practice within weeks
The UK government is taking measures to give the green light for shale gas fracking practice to resume in weeks to come. The activity was partially suspended last year due to environmental concerns about the fracking technology used to exploit it.
read more... 18/10/2012