Latest news
Iran to sign 3 gas deals with Asian, European countries
Sanctions-hit Iran is about to finalize three new deals for exporting gas supplies to two Persian Gulf littoral states and a European country.
read more... 16/07/2012
Turkish private companies could import Russian gas from January 2013
Turkish private companies will be authorized to import up to 6 billion cubic meters of natural gas annually from January 1, 2013, with the condition that the companies will have to sign agreements with Russian energy company Gazprom, according to the Energy Market Regulatory Authority(EPDK).
read more... 13/07/2012
Daily: UK gas prices up on Dutch, LNG terminal supply cuts
Brent crude was steady above $100 a barrel on Friday as supply disruptions in the North Sea and Iran diminished worries over a weaker fuel demand in China, whose economy faces the slowest growth pace since 2009. Brent crude declined 22 cents at $100.85 a barrel by 03:39 GMT, while U.S. crude dropped 15 cents at $85.93.
read more... 13/07/2012
Statoil and Total: significant gas discovery in the North Sea
The Norwegian oil and gas company Statoil and the French giant Total have made a significant gas discovery in the Southern part of the Norwegian North Sea, in the King Lear prospect. Until now 7 new oil and gas discoveries were made on the Norwegian Shelf, from which 4 were made in the North Sea, 2 in Norwegian Sea and one in Barents Sea.
read more... 12/07/2012
Turkey could become a major energy hub
Turkey is on the verge to overpass UK as Europe’s third largest electricity consumer in ten years and could become a major energy hub, due to its booming population and economy, as well as a favorable geographical position close to 71.8 % of the world’s proven gas and 72.7 % of oil reserves, in particular those in the Middle East and Caspian basin.
read more... 12/07/2012