Latest news
Higher prices for energy bills in UK on Japanese and Libyan crisis
Following a sharp increase in the wholesale price of gas, supported by the Japanese disaster and political unrest in North Africa, the British households and businesses will be hit by a rise of their bills for gas and electricity.
read more... 18/03/2011
Japan to be supplied with additional LNG from South Korea
The South Korean government envisages supplying Japan with liquefied natural gas as to support the country to face the consequences of Friday's huge earthquake and tsunami.
read more... 16/03/2011
Russia to raise LNG supply to Japan
Russia is disposed to increase liquefied natural gas supplies to Japan, which is facing power shortages after high magnitude earthquake on Friday, has damaged the reactors at one of the country's nuclear power plants.
read more... 15/03/2011
Exxon to increase its crude output by spending $100 million a day
Exxon Mobile Corp. declared that they plan to spend $100 million each day for the next five years on capital projects like new oil wells and natural gas plants.
read more... 14/03/2011
BG Group and Tokyo Gas sign a 20 year LNG supply deal
BG Group has inked a sales agreement with Tokyo Gas, a Japan-based company for the supply of 1.2 million tones of liquefied natural gas (LNG) per year for 20 years starting from 2015.
read more... 09/03/2011