Latest news
European gas market might change structure in the next decade
Britain risks losing its rank as Europe's dominant gas trading hub in the next decade as rivals in continental Europe enjoy rising trade volumes spurred by deregulated energy markets and a diversifying array of supply.
read more... 23/01/2012
Daily – gas prices down near 2012 lows
U.S. crude futures decreased on Thursday as lasting low demand and firm technical resistance countered optimism about the euro zone tackling its debt problems and a report indicating a drop in the U.S. crude stockpiles. NYMEX crude for February delivery traded at 100.39 dollars a barrel, losing 20 cents after a trading range from 100.07 and 102.06 dollars.
read more... 20/01/2012
Ukraine to cut the amount of natural gas imports from Russia
The Ukrainian Prime Minister Mykola Azarov declared that Ukraine refuses to pay for large volumes of gas from Russia, as set out in current contracts, ahead of continued negotiations with Russia, as Kiev considers them as unfair.
read more... 20/01/2012
Bulgaria forbids Chevron from using hydraulic fracking technique
The Bulgarian lawmakers banned the controversial practice of hydraulic fracturing and imposed a 100 million-lev ($65 million) fine for offenders, baffling Chevron’s Corp plans to explore for natural-gas deposits in the Balkan country.
read more... 19/01/2012
Societe Generale: European gas demand hit a record drop in 2011
According to the data provided by the European bank Societe Generale, gas demand in EU declined by 11% in 2011, being the largest drop ever recorded in Europe.
read more... 18/01/2012