Latest news
South Korea stops Iranian oil imports from July 1
South Korea's economy ministry said on Tuesday that imports of Iranian crude oil will be halted from July 1 due to EU sanctions, making Korea the first of Iran's major Asian customers to halt oil purchases.
read more... 26/06/2012
Japan and Spain reduce Iranian oil imports
Some of the largest Iran's customer nations announced this week that had cut their Iranian oil imports. This is the first evidence that some of the largest Iran's customers are trying to reduce their reliance on Iran's oil imports, switching to Saudi crude, an oil producer rival.
read more... 07/03/2012
Scottish and Southern Energy loses 50, 000 customers on higher tariffs
The energy provider, Scottish and Southern Energy (SSE) announced that in the nine months to the end of the year it lost 50,000 electricity and gas customers in the UK and Ireland, due to higher energy tariffs imposed by the provider.
read more... 01/02/2012
Bergermeer gas storage project gets its three launch customers
The operator Abu Dhabi National Energy Company (TAQA) announced that it has secured three launch customers for its Bergermeer Gas Storage facility in the Netherlands, set to become Europe’s largest open access gas storage facility.
read more... 20/12/2011
Saudi Arabia: oil output at 30-year high
Top oil exporter Saudi Arabia pumped oil at the highest level for three decades in November, just a week before a key OPEC meeting, aimed to meet customer demand with increased production if necessary.
read more... 08/12/2011