Latest news
Ofgem to review long term gas supplies
The British Energy secretary, Chris Huhne, asked Ofgem, the British energy regulator, for a further action in order to secure the medium and long term gas supplies.
read more... 11/11/2011
Gazprom first half net profit jumps 56 percent to 25 billion dollars
Gazprom, the largest Russian state gas monopoly, announced on Wednesday its first half net profit that registered a 56 percent increase in the first half net profit to 771.669 billion rubles (25 billion dollars).
read more... 10/11/2011
Nord Stream opened by Merkel and Medvedev
The Nord Stream project was officially opened on November 8, in the German town of Lubmin, by the German Chancellor Angela Merkel and the Russian President Dimitry Medvedev. The new gas pipeline will deliver Siberian gas directly to German gas consumers under the Baltic Sea bypassing the transit countries such as Ukraine and Poland.
read more... 09/11/2011
Serious queries over BP pipeline
Recently, Azerbaijan and Turkey consented to use the spare capacities in the Turkish pipelines as to transport Azerbaijani gas verso Europe, and consequently to construct a new pipeline across Turkey as to transport exceeded volumes of the spare capacities in Turkey’s pipelines.
read more... 08/11/2011
Global CO2 emissions at record high levels
According to the US department of energy, global greenhouse gases registered a record amount, despite world’s efforts to reduce them and even worse as forecasts presented by experts four years ago.
read more... 07/11/2011