Latest news
Shale gas – a possible game changer in the global energy mix
In the United States, hydraulic fracturing, a recently developed method of shale gas procurement, has the potential to flip the country from a net importer of natural gas to a net exporter. Shale gas now accounts for one quarter of all U.S. gas production, and the Energy Information Administration (EIA) forecasts that this proportion will double by 2035.
read more... 23/11/2011
Bulgaria pledges for common European legislation for shale gas
Bulgaria initiated the adoption of a common legislation for exploration and production of shale gas in the EU at a forum on non-conventional gas extraction which took place on November 11 in Sofia, organized by the Bulgarian Industrial Association.
read more... 22/11/2011
UN: greenhouse gases hit record levels
According to the U.N. weather agency, in 2010, the concentration of the three main greenhouse gases in the atmosphere responsible for global warming hit unprecedented high levels and the tendency is likely to continue for the next decades despite global efforts to reduce greenhouse gas emissions.
read more... 22/11/2011
Centrica to buy Norway gas fields for 1.6 billion dollars
Centrica Plc agreed to purchase from Statoil ASA Norway’s largest oil and Natural Gas Company assets in Norway gas fields for 1.6 billion dollars. The act of transaction implies sale of Statoil stakes in the Kvitebjorn, Heimdal, Valemon, Skrine-Byggve, Fulla, Frigg-Gamma- Delta, Vale and Rind fields.
read more... 21/11/2011
E.ON to develop pilot hydrogen plant for storing wind power
E.ON is mulling over developing a pilot plant that will convert power generated from wind energy into hydrogen which could be stored in the gas grid system. More than 5 million euros would be invested by the company for the development of this innovative technology.
read more... 18/11/2011