Latest news
RWE launches drilling for gas in North Sea
The German energy major RWE Dea announced it launched the drilling at the Breagh field, which is one of the largest natural gas discoveries under development in the UK Southern North Sea.
read more... 23/05/2012
Daily- British prompt gas prices down over an oversupplied system and milder weather
U.S. crude oil rose on Tuesday, extending gains from the previous session when prices dropped out from a six-day losing streak on hopes Beijing would act to stimulate the economic growth.
read more... 23/05/2012
Shell CEO: US natural gas prices expected to double by 2015
US natural gas prices are expected to double from recent 10-year lows by 2015 due to soaring US demand for fuel, Royal Dutch Shell chief executive Peter Voser told Financial Times newspaper in an interview.
read more... 21/05/2012
Bulgaria, Gazprom to conclude a deal to cut Russian gas prices
Bulgaria and the Russian gas giant Gazprom are looking to conclude an agreement to cut the price of natural gas to Bulgaria by 11.1% and as well as removing intermediary companies from the supply chain in exchange for the country's support for the South Stream gas pipeline project.
read more... 21/05/2012
China to get gas supplies from Uzbekistan
Uzbekistan says to start exporting natural gas to China via a pipeline originating from Central Asia this year, aiming to ship up to 4 billion cubic meters by the end of the year, however, some legal issues have still to be settled.
read more... 18/05/2012