Latest news
Daily energy Overview, Monday, August 08, 2011
U.S. and ICE Brent crude oil futures increased on Friday after three days of consecutive looses backed by a higher than expected increase in U.S. jobs data for July and a pipeline fire in Iran.
read more... 08/08/2011
Nabucco’s future dependent on Azerbaijan
In the article entitled “Nabucco Pipeline’s Fate Hinges on Azerbaijan”, published by The Wall Street Journal, the author relates that the fate of the Nabuccco pipeline, which will be able to carry 31 billion cubic feet per year of gas linking the Caspian to Austria by traversing the heart of Turkey proposed in 2002, may depend on Azerbaijan.
read more... 03/08/2011
Baltic countries to break Russia’s energy grip
On July 13, Lithuania took the decision to become the first European Union to adopt a liberalization law which will involve the separation of pipelines from Gazprom's control by "unbundling" - an anti-monopoly measure.
read more... 15/07/2011
Egypt-Israel pipeline to become operational soon
Egypt ‘s oil ministry declared that the Egyptian pipeline that carries gas to Israel and Jordan is expected to be operational by the end of the week following an explosion on July 4, caused by militants.
read more... 11/07/2011
Explosion at an Egypt-Israel gas pipeline
A new explosion at the Egypt-Israel pipeline occurred on July 4 in the Northern part of the Sinai Peninsula at Bir-El-ADB, at 60 km east of the Suez Canal.
read more... 08/07/2011