Latest news
Centrica warns of further energy price rises
Centrica, the owner of British Gas and the largest supplier of gas to domestic customers in the UK announced that British customers could face an increase in their energy bills due to a rise of more than 20% in wholesale power prices.
read more... 29/06/2011
Daily energy Overview, Tuesday, June 28, 2011
British gas prices increased on Monday afternoon on higher oil prices, though gains were expected to be short-lived as Euro zone debt worries persisted. By 16:00 GMT, gas for next winter delivery settled at 68.90 pence, up 0.70 pence, while gas for winter delivery in 2012 increased 0.40 pence to 71.40 pence.
read more... 28/06/2011
Bulgaria gives up on connecting to Nabucco
According to the declaration of the Bulgarian Economy Minister, Traicho Traikov, the country has dropped its plans to link the future gas interconnection with Turkey to the Nabucco pipeline.
read more... 28/06/2011
Bulgaria to freeze the construction of trans-Balkan pipe
According to the Environment Ministry declarations, Bulgaria has rejected for a third time the report on environmental impact assessment of the Bourgas–Alexandroupolis oil pipeline, aimed to pump Russian crude oil to Greece via Bulgarian territory.
read more... 24/06/2011
Shell and CNPC to create a joint venture for gas drilling
Royal Dutch Shell signed on Monday a Global Alliance Agreement with China National Petroleum Corporation (CNPC), the parent of PetroChina, aiming to establish mutual cooperation opportunities in China and abroad.
read more... 22/06/2011