Latest news
Eastern Europe to spur shale gas revolution
Rising oil prices, high pollution levels and the global warming, a strong dependence on Russia’s gas supplies, have prompted Eastern European institutions to focus on switching from coal and oil to natural gas.
read more... 20/09/2012
Didcot and Fawley power stations to be closed in 2013
RWE npower has announced that the two power stations in Oxfordshire and Hampshire which are 42 years old will be closed soon, as the EU rules required reducing greenhouse gasses emissions. The closures will occur at the end of March 2013, when the power stations will have exhausted their permitted hours of operation before they have to shut down, the energy company said.
read more... 19/09/2012
Daily: UK prompt gas stable on short supply and cooler weather
Brent crude climbed to near $114 a barrel on Tuesday, after lofty losses in the previous session, but gains were capped as investors assessed the impact of the U.S. Federal Reserve’s stimulus measure on oil demand and envisaged China’s next step to boost its economy.
read more... 18/09/2012
France to close the door on shale gas exploration
Speaking at the opening of an environmental conference in Paris, the French President François Hollande announced he has rejected several applications to begin extracting natural gas and oil from shale using hydraulic fracking practice, which uses a high-pressure mixture of sand, water and chemicals to extract natural gas trapped in rocks.
read more... 18/09/2012
Qatargas increases LNG supplies to Japan
Qatargas, the largest producer of natural gas in the world with a production capacity of 42 million tonnes per year of LNG, announced that it has augmented its LNG supplies to Japan by 11 tonnes from the original 9 million tonnes in comparison to the autumn 2011, as a result of the nuclear disaster last year, when Japan had to shut down its entire nuclear energy sector, from which it was dependent for 30%.
read more... 17/09/2012