Latest news
U.S EIA: 27 GW of coal-fired to be retired by 2016
Coal is projected to retain the largest share of the electricity generation mix through 2035. But as early as from 2012 to 2016 is expected to be retired about 27 GW of capacity from 175 coal-fired generators, mainly due modest growth in US energy demand along with a continuous drop in relative fuel prices of gas compared with coal, according to recent data released by U.S. Energy Information Administration (EIA).
read more... 01/08/2012
Shell to invest in China’s unconventional gas exploitation projects
Global energy giant Royal Dutch Shell is eyeing to participate in China’s unconventional gas exploitation projects, especially shale and tight gas.
read more... 31/07/2012
TAP consortium to push forward the plans for project
On July 25,the Trans Adriatic Pipeline consortium, known as TAP, met with Greek officials to discuss the accomplishment of the Southern Gas Corridor and reiterated its engagement to remain open to collaboration with Greek companies.
read more... 30/07/2012
Centrica to invest £1.4billion in UK gas project
Centrica announced it will continue investing £1.4 billion in the Cygnus gas project, one of the North Sea’s biggest discoveries. The company said it would spend the money on its Cygnus gas field in -partnership with GDF Suez of France, creating up to 4,000 new jobs, and adding £ 600 million in tax revenues for the public purse.
read more... 27/07/2012
Daily: UK gas declines on weak demand outlook
Brent crude declined below $104 per barrel on Thursday following investors concerns about fuel demand after a set of pessimistic economic data, even if losses were offset by hope for more U.S. stimulus measures to support growth.
read more... 26/07/2012