Latest news
French lawmakers debate the ban on shale gas drilling technique
The French lower house of parliament adopted on Wednesday a ban on the controversial technique for extracting shale gas, following the concerns about ground water contamination.
read more... 12/05/2011
Bulgaria to opt for short-term LNG contracts with Russia
The Bulgarian Energy Ministry stated on Tuesday that his country is analyzing the possibility of signing a short-term natural gas contract with Russian energy giant Gazprom.
read more... 12/05/2011
Daily energy Overview, Wednesday, May, 11, 2011
U.S. and Brent crude futures recovered for a second consecutive day on Tuesday after a sharp drop in the previous week supported by a surge in gasoline futures and strong trade data from China. U.S. crude for delivery in June was traded at 103.88 dollars a barrel, up 1.3 percent, after a trading range between 100.12 and 103.95 dollars. ICE Brent for June delivery valued 117.63 dollars a barrel, up 1.49 percent, after a trading range from 113.58 to 117.95 dollars.
read more... 11/05/2011
Cheaper gas and electricity bills with British new tariff OnlineSaver 4
British Gas, the company which supplies gas and electricity to UK residential and business customers, has recently launched a new online energy tariff, called OnlineSaver 4, which guarantees a 4% discount compared to their standard tariff, until 31st October 2012.
read more... 11/05/2011
Centrica warns of sharply increase in U.K energy bills
The owner of British Gas, Centrica warned that U.K. customers could be facing future hikes in gas and electricity prices by a quarter compared to the last year, following the increased taxes combined with higher costs of wholesale gas.
read more... 10/05/2011