According to a new report performed by the British Geological Survey, UK may hold shale gas deposits that could supply the country for 25 years, ramping up the previous estimates.
read more... 28/06/2013
Crude oil futures increased for a fourth consecutive session on Thursday, boosting over $1 a barrel on hope that monetary stimulus measures from major central banks would stay in place for the time being.
read more... 28/06/2013
Power grid operators in Switzerland, France, Germany and Austria had successfully launched intraday market on 26 June 2013 in a move to line up European energy wholesale markets.
read more... 28/06/2013
The Shah Deniz II consortium has announced yesterday that it has made the choice and selected the Trans Adriatic Pipeline to carry gas to Europe, defeating the Nabucco West consortium. TAP is expected that will transport more than 20 billion cubic meters per year of natural gas from the Shah Deniz II field in Azerbaijan, through Greece and Albania to Italy and further into Western Europe. Nabucco West and TAP were the only two bidders in the project to transport the Azerbaijani gas.
read more... 27/06/2013
Amprion GmbH and 50Hertz, the leading transmission system operators in Europe are envisaging to building a 1 billion euro ($1.31 billion), long-distance power line in Germany to carry wind power from distant areas to industrial centers.
read more... 27/06/2013