Latest news
US to become competitive in the world LNG market
One of the latest reports on the LNG market called “Global LNG Market Analysis” which analyzes the evolution of the Liquefied Natural Gas (LNG) market, as well as the factors which contributed to an increase of the level of LPG industry.
read more... 03/01/2011
Daily Energy Market Overview, Thursday 30, 2010
Oil prices dropped under $91 on Thursday after the U.S. Labor Department data indicated a recovery of the national labor market as jobless claims hit their lowest in 29 months, and ahead of the latest weekly U.S. oil inventory data to be released, likely to indicate a fall of crude inventories for the fourth week in a row.
read more... 30/12/2010
UK Electricity Market introduces new Feed-in Tariff.
The Energy Secretary Chris Huhne announced today the reform of the United Kingdom energy market feeling the need for low carbon energy sources and to meet climate change challenges in a context of growing demand.
read more... 30/12/2010
Shell and Gazprom to build third LNG plant in Sakhalin
The governor of the Sakhalin region, Alexander Khoroshavin declared that Gazprom and Royal Dutch Shell Plc plan to expand their Sakhalin-2 venture by 2015. The new project, called Sakhalin-3 consists in building a third plant to produce liquefied natural gas by these two gas companies.
read more... 30/12/2010
BP examines the possibility of drilling a new well in the Caspian Sea.
BP, the largest foreign investor in Azerbaijan which operates the technical aspects of the project on the development of the Shah Deniz gas field wants to build new production well in the Caspian Sea.
read more... 30/12/2010