Latest news
Turkey breaks gas deal with Russia
Turkey will end the 25-year old gas deal with Gazprom, according to the declarations of Turkish Minister Taner Yildiz.
read more... 03/10/2011
Poland might veto EU law on shale gas
During a conference on shale gas which took place on Wednesday, at Krakow, Maciej Olex-Szczytowski, an adviser to the Polish foreign minister on economics and business sustained that Poland would veto any European legislation which will threaten its energy policy.
read more... 03/10/2011
Natural gas versus coal: UK Gas demand 2 % down this winter
According to the estimations of National Grid, the UK network operator, the British gas demand will decline by 2 % this winter, as the power plants prefer cheaper coal to produce electricity instead of natural gas, even if the gas fired plants eliminate less carbon emissions.
read more... 30/09/2011
Booming UK wind power to rival gas and coal operators
UK wind power capacity is expected to sharply increase by late 2012, up 50% to 8,500 MW, reaching about 13% of total installed capacity according to green energy industry group RenewableUK. As a result, gas and coal plants margins may suffer from high wind production over the next three years.
read more... 28/09/2011
E.ON to cut 500 jobs after tariff hike
One of the UK’s biggest energy companies, E.ON, is seeking up to 500 voluntary redundancies only a week after boosting gas tariffs by 18 % and electricity bills by 11 %.
read more... 28/09/2011