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Daily: British spot gas prices declining on a milder weather
Oil prices were steady on Tuesday as the German ZEW survey, which measures analyst and investor sentiment, showed a better-than-expected German economic data and a successful Italian bond auction eased concerns about European demand, while fears about supply disruption due to Middle East tensions continued to support the market.
read more... 14/02/2012
Gazprom to double natural gas reserves to Europe
The Russian giant Gazprom announced it will double its underground gas storage capacity in Europe as it intends to improve supply security to the European countries.
read more... 14/02/2012
Gas flows from Azerbaijan to Turkey return to regular levels
The technical failure that halted natural gas flows from Azerbaijan and Iran to Turkey last week was resumed, Turkish Energy Minister Taner Yildiz said.
read more... 13/02/2012
China to encourage shale gas exploration in 2012
China’s Ministry of Land and Resources (MLR) said that the country will increase its efforts to explore shale gas in 2012, a move that will help ease China’s natural gas shortage and diversify its energy supply structure.
read more... 13/02/2012
Could Poland gain independence from Russian gas?
Poland, the place where international energy companies are struggling for the license to drill for shale gas, wants to break the Russian energy grip and sees the shale gas extraction practice as direction to independence from the Russian giant Gazprom, even if many residents near the drilling places are concerned about the risks.
read more... 10/02/2012