Latest news
Natural gas trading to become more like coal, not oil
New natural gas discoveries and rising demand are changing gas from a cluster of regional markets into a global marketplace, but instead of becoming a second oil market gas is likely to become more like coal.
read more... 26/11/2012
China to become world’s largest generator of nuclear power by 2020
Stephen Wilson, the Rio Tinto Energy general manager of markets and industry analysis, said that currently China is the ninth largest nuclear energy producer and that by 2020 it is likely to become the world’s largest generator of nuclear power.
read more... 23/11/2012
Prince Charles opens a new biogas plant in Dorset
Last week Prince Charles has opened a new biogas plant near Poundbury, in Dorset. The plant, will inject gas into the National Grid to be sold on the market. It is owned and run by J V Energen, a joint venture between the Duchy of Cornwall and local farmers, which along with some nearby businesses will supply approximately 41,000 tons of maize, grass silage, manure, and food waste to be processed each year.
read more... 22/11/2012
Brent or WTI– which global benchmark?
It has been coming for years, but Brent looks set finally to overtake U.S. light crude as the preeminent oil benchmark next year as one of the top financial market indexes switches weightings.
read more... 22/11/2012
Statoil and Wintershall sign a gas supply contract
Norwegian company Statoil, which states to be the second largest supplier of gas to Europe has signed a gas supply agreement with Germany’s Wintershall for the delivery of about 45 billion cubic meters (bcm) of natural gas to the German and other North-West European markets.
read more... 20/11/2012