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Coal vs Natural Gas in Europe
Europe is seeing a 'golden age of coal' thanks to cheap U.S. exports, said a senior gas analyst at the International Energy Agency (IEA), an advisory body which last year proclaimed the world was heading for a 'golden age of gas.'
read more... 10/10/2012
Iraq could overtake Russia as the world second largest oil exporter by 2030
Iraq has the potential to become the world’s second-largest oil exporter by 2030 and double its output by 2020, according to a study released by the International Energy Agency, overtaking even Russia in terms of exports.
read more... 10/10/2012
EU may not need Nabucco project
The Nabucco pipeline is a project that would supply gas to Europe, reducing the region's dependence on Russian gas, but with US LNG exports, the European Union may not need the Caspian gas, as there are three main reasons that US LNG are more attractive:
read more... 08/10/2012
Europe: Higher prices of natural gas increase demand for coal
Due to higher prices of natural gas, Europe imports of coal from the U.S. have nearly doubled. U.S. coal exports have beaten a new record and reached 66.2 million tons, increasing by about 24% in the first six months of this year. More than half of the U.S. coal exports were directed to Europe.
read more... 05/10/2012
UK to become a net power exporter by 2020
Britain could become a net exporter of energy within 8 years due to increasing renewable energy production and the construction of new interconnectors that will contribute to provide more power to its neighbors.
read more... 27/09/2012