Latest news
IEA: Singapore to become an LNG-trading hub
With a record demand for LNG in Japan and a boom in North American supplies, natural gas is expected to play a key role in the global energy mix of the future, with the International Energy Agency (IEA) saying it could well be a “golden age” for gas, paving the way for an LNG trading hub in Asia.
read more... 16/12/2011
Siemens to invest EUR 66 million in gas turbine research
Industrial group Siemens has announced its plans to invest EUR 66 million in the construction of new test centre for gas turbines near Berlin, Germany, which will make possible to study and validate the combustion processes in gas turbines, enabling the construction of more efficient gas power plants.
read more... 15/12/2011
EU supports a single energy market by 2014
The leaders from EU 27 countries are planning to complete a single electricity and natural gas market by 2014, a measure funded by Poland, the conclusions from the European Council meeting in Brussels showed.
read more... 14/12/2011
Iran discovers huge offshore gas field in Caspian Sea
Iran has discovered a huge gas field in the territorial waters of the Caspian Sea with a reserve of at least 50 trillion cubic feet, Iranian Oil Minister Rostam Qasemi announced on Sunday.
read more... 12/12/2011
Natural gas to overhaul coal in US by 2025
Natural gas will overtake coal as a leading fuel for generating electricity in the United States by 2025, according the latest long-term outlook released by ExxonMobil.
read more... 09/12/2011