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Important step in Indian gas development

British oil giant, BP and India’s Reliance Industries Limited (RIL) announced the acquisition of a 30 per cent stake in 21 oil and gas production sharing contracts (PSCs) that Reliance operates in India, including the producing KG D6 block.

read more... 02/09/2011

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Shell to explore Ukrainian gas shale

Royal Dutch Shell and the Ukrainian state-owned gas company, Naftogaz have firmed on Thursday an updated agreement on joint efforts to search and develop oil and gas fields in the Dnieper-Donets Basin, east of Ukraine

read more... 02/09/2011

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Daily – power prices down on bearish prompt prices

U.S. and Brent crude oil futures were mixed on Wednesday on released report about a decrease in U.S. gasoline stocks last week and low North Sea crude supplies.

read more... 01/09/2011

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Incentives for solar power in Michigan, United States

The Government of Michigan is promising to push a renewable policy for utilities which provide electric and natural gas services to around 6.5 million residents of Michigan.

read more... 01/09/2011

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Greece renegotiates lower gas prices with Gazprom

The public gas supply corporation of Greece, called DEPA, has successfully renegotiated the long- term supply contracts with the Russian energy giant, Gazprom.

read more... 01/09/2011

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