Latest news
EIA raises 2011 natural gas production forecast
The US Energy Information Administration (EIA) in the recent released Short-Term Energy Outlook raised its forecast for domestic natural gas production for 2011, expecting total production to soar 6.4% from 2010 levels.
read more... 08/09/2011
South Korea approves a major LNG deal with Shell, Total
South Korea approved on Wednesday a long-term deal with the energy giants, Shell and Total, to import 5.64 million tones of natural gas annually from LNG projects in Australia.
read more... 18/08/2011
Total makes a major discovery in the Barents Sea
Total EP Norge AS, operator of production license 535,along with its partners Rocksource, Det Norske and North Energy has announced a gas discovery on the Norvarg prospect in the Barents Sea. This is Norway’s second large gas discovery in the area this year.
read more... 09/08/2011
Total to sell its 48.83% stake in Spain
The French giant Total has announced the sale of 48.83 percent in Compania Espanola de Petroleos SA, or CEPSA, to International Petroleum Investment Company ( IPIC).
read more... 05/08/2011
ABB won 1 billion dollars order
A leading power and automation technology group, ABB, will receive around 1 billion dollars from the TenneT, a Dutch-German transmission grid operator to furnish a power grid that will connect the North Sea wind farms to the German main grid that will have a total transmission capacity of over 900 MW.
read more... 04/08/2011