Latest news
South Korea to invest about $12 bln in oil and gas development
South Korea announced its plans to invest 11.8 billion U.S. dollars in developing oil and natural gas resources in 2012 as a part of country efforts to guarantee a stable supply of energy for economic and industrial growth, the economy ministry declared on Wednesday.
read more... 22/12/2011
German retail market
Here is the latest news on electricity and gas price changes and users switching suppliers in Germany, a market of 40 million households supplied by 1,100 power and 770 gas companies:
read more... 21/12/2011
Bergermeer gas storage project gets its three launch customers
The operator Abu Dhabi National Energy Company (TAQA) announced that it has secured three launch customers for its Bergermeer Gas Storage facility in the Netherlands, set to become Europe’s largest open access gas storage facility.
read more... 20/12/2011
CNOOC: a subsea leakage in Zhuhai terminal
China's offshore oil and gas producer CNOOC reported a leak in a subsea pipeline at its Zhuhai Henggin gas processing terminal in South China's Guangdong province, prompting the halt of some platforms at the Pangyu 30-1 and Huizhou 21-1 fields.
read more... 20/12/2011
India to import more Russian gas in 2016
Russian president Dmitry Medvedev on Friday said Russia will significantly boost the supplies of liquefied natural gas to energy hungry India in 2016.
read more... 19/12/2011