Latest news
Eni strikes a new gas discovery off the coast of Mozambique
The Italian energy major Eni announced that it has discovered more gas off the coast of Mozambique.
read more... 28/02/2013
Daily: UK gas prices tumble amid firmer supply
Brent crude oil futures for April delivery dropped 84 cents to settle at $111.87 a barrel, while U.S. crude oil futures for April delivery increased by 13 cents to settle at $92.76 on Wednesday as investors worried that Federal Reserve's stimulus program will be maintained against the sixth consecutive weekly increase in U.S. crude oil inventories. The Brent contract traded between $111.65 and $113.35, while U.S. crude contracts traded between $92.18 and $93.37 during the session.
read more... 28/02/2013
China to obtain Russian gas
Russia and China are likely to reach framework agreements on gas supplies by the end of March, deputy Russian Prime Minister Arcady Dvorkovich, who is currently on a visit to Beijing, said in a statement. Dvorkovich said that Gazprom and the Chinese partners are engaged in active talks on the terms of Russian gas supplies to China.
read more... 27/02/2013
EDF EN commissions new wind farm in Italy
French developer EDF Energies Nouvelles has commissioned the 23.4 MW Santa Luce wind farm in the province of Pisa, in Italy. The Santa Luce wind farm comprises 13 turbines supplied by Vestas, each with a unit capacity of 1.8 MW. The wind farm's location boasts highly favorable wind conditions.
read more... 27/02/2013
IEA: Asia to become the second largest gas hub in the world by 2015
Asia could become the second-largest natural gas hub in the world after North America by 2015, according to a report released by the International Energy Agency (IEA).
read more... 27/02/2013