Latest news
European liquefied natural gas will drop by 70% by 2015
European liquefied natural gas (LNG) supplies will likely decrease by roughly 70% by 2015 as the Asian market absorbs more cargo demand. In the first six months of 2012, the European imports of liquefied natural gas supplies have decreased by 33%, while Asian imports registered a 16% rise.
read more... 14/08/2012
South Stream pipeline project to start in December
Russian President Vladimir Putin has met Italy’s Prime Minister Mario Monti on Monday to talk about the South Stream pipeline project. Following the meeting, the President Putin told reporters that the project is still important for most of the European countries and many gas customers.
read more... 25/07/2012
Are European oil refiners disadvantaged by EU carbon emissions scheme?
European oil refiners fear they could be doubly disadvantaged by EU plans to make them pay for some of their carbon emissions from January 2013 due to rising competition from cheap foreign imports and non-European-owned refiners inside the EU.
read more... 18/07/2012
Daily: UK gas prices jump on lower imports from Norway
Brent crude was standing steady above $103 per barrel on Tuesday on hopes of more policy measures by central banks to stimulate global economic growth ahead of U.S. Federal Reserve Chairman Ben Bernanke's testimony.
read more... 17/07/2012
Turkish private companies could import Russian gas from January 2013
Turkish private companies will be authorized to import up to 6 billion cubic meters of natural gas annually from January 1, 2013, with the condition that the companies will have to sign agreements with Russian energy company Gazprom, according to the Energy Market Regulatory Authority(EPDK).
read more... 13/07/2012