Latest news
China to offer subsidies for shale gas development
China is considering new policies to stimulate the development of the domestic shale gas industry which include the allocation of a financial incentive for operators interested in the exploration of shale gas fields, according to an official at the Ministry of Land and Resources.
read more... 06/11/2012
Greece is sitting on offshore gas bonanza
Amid an endless recession and austerity, Greece is likely to hold offshore natural gas resources that could dramatically change country’s fate, according to a study presented to Prime Minister Antonis Samaras.
read more... 05/10/2012
Electricity Interconnector cable to link Ireland and UK
The first electricity link between Ireland and UK has been officially opened and the deal between the two nations will become effective at the start of next month, enabling thus the UK to benefit from Ireland’s wind resources.
read more... 27/09/2012
GT ENERGY to build the UK’s largest geothermal heating project
The developer GT Energy has unveiled its plans to build the largest geothermal heating project in UK. The project will tap into the Cheshire Basin, which holds the largest geothermal resources in UK, located beneath Manchester. The 10 MW plant using two 3,000m wells drilled in the city’s Ardwick district will provide heating needs to approximately 7 million homes. Moreover, the project will help creating new jobs in the region and sustaining the expansion of a low carbon economic zone.
read more... 30/07/2012
Sweden: Swedegas and Royal Vopak to built a LNG terminal
A new LNG terminal could be built in Gothenburg, in Sweden by 2015.It will be built at the major port in the Nordic region, and will be able to store large quantities of resources, helping the country to pass from heavy fuel oil to gas.
read more... 05/07/2012