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Daily – UK Prompt Gas Prices Up to Almost Two-Week Highs
Brent crude futures slightly increased on Wednesday morning ahead of U.S. Federal Reserve policy meeting expected to bring in further steps to stimulate the economy. Brent crude added 18 cents to $110.72 a barrel by 10:00 GMT, while U.S. crude for November delivery dropped 48 cents to $86.44.
read more... 21/09/2011
Poland eyes shale gas production from 2014
According to the Polish Minister, Donald Tusk, Poland may start to produce commercial shale gas as soon as 2014, move that could reduce its energy dependence on Russia. Moreover, the Prime Minister is confident that by 2035, Poland will be able to supply its internal market from its own source.
read more... 19/09/2011
Gazprom joints three major partners in South Stream gas pipeline
Three energy majors, Italy’s Eni, France’s EDF and Germany's Wintershall, have joined Russian energy giant, Gazprom as to build jointly the South Stream gas pipeline, which is aimed to transport Russian gas to Southern and Central Europe via the Black Sea and Bulgaria bypassing Ukraine.
read more... 19/09/2011
EDF announces higher energy tariffs ahead of winter
The British energy provider, EDF Energy was the last of the”big six” which announced on Thursday that their energy tariffs will go up by 15.4 % for gas and 4.5 % for electricity, hitting 3.2 million of London families which will have to face with energy bills increases.
read more... 16/09/2011
British Gas to produce green gas from food waste
UK’s major energy provider, British Gas and Bio Group, a renewable energy developer launched a plan to build a power plant of £5 million ($8.1 million) which will convert commercial food waste into renewable gas, enough to cover yearly energy demand of up to 1000 households.
read more... 15/09/2011