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Energy giants call for the removal of 1.4 bln EU carbon permits

A group of the most influent energy companies have written to top EU officials prompting them to withdraw at least 1.4 billion emission permits from the bloc’s carbon-trading system (ETS) in order to strengthen the low prices of carbon allowances and the green investment.

read more... 29/06/2012

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Japan to import GNL from U.S

Japan, which is the world’s largest importer and consumer of natural gas, expects to import 15 million tons of LNG from US starting from 2016, time when U.S. lifts restrictions on exports to the world's biggest LNG buyer. Japan's LNG imports began rising at a record pace in 2011 in the wake of the Fukushima radiation crisis.

read more... 29/06/2012

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Daily: UK gas declines on firmer supply and warmer weather

Brent crude traded above $93 a barrel on Thursday, after a rally due to an output cut in Norway and optimistic U.S. economic data, although gains were checked by expectations that an EU summit was unlikely to bring concrete measures to solve the region’s debt crisis.

read more... 28/06/2012

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Turkey and Azerbaijan to build the TANAP gas pipeline

Turkey and Azerbaijan signed an agreement for the construction of a new pipeline, called Trans-Anatolia Gas Pipeline (TANAP), which would transport gas from Shah Deniz II fields in the Caspian Sea across Turkey and would become part of the basis of a new Southern Corridor gas route to European markets.

read more... 28/06/2012

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Rio +20: CO2 emissions increase dangerously

The meeting in Rio had the goal to ensure that economic growth will not lead to a disastrous environmental degradation. Environmentalists consider that the efforts taken at the meeting in Rio to prevent the environment collapse, finished with a failure.

read more... 28/06/2012

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