Latest news
France could reconsider shale gas fracking ban in the next years
According to the declarations of French economy minister Eric Besson on Thursday, France could review its ban on the hydraulic fracturing technique for the exploration of shale gas, if shale explorers are able to prove that the technique is not harmful to the environment.
read more... 04/05/2012
China envisages more investment in shale gas
According to the Ministry of Land and Resources data, China invested $222 million (Yuan 1.4 billion) in its shale gas sector last year.
read more... 02/05/2012
Bulgaria and Azerbaijan to ink a deal on gas cooperation
Bulgaria’s state energy holding BEH and Azerbaijan’s national gas company SOCAR closed a deal under which Bulgaria could become the first EU member country which will receive gas from Azerbaijan.
read more... 30/04/2012
Turkey to start a controversial oil and gas drilling in north Cyprus
Turkish Petroleum Corporation (TPAO) announced that it launched exploratory drilling for oil and gas on Thursday in the Turkish Republic of Northern Cyprus.
read more... 27/04/2012
Russia approved a 15 percent increase in domestic gas prices
A 15 percent hike in domestic gas prices was approved by the Russian government for Gazprom and its smaller rivals. Following this announcement, Gazprom’s shares lost 0.1 percent by 14:00 GMT, exceeding a 0.7 percent drop in the broader market. Previously in autumn, Gazprom has asked for an additional 26.3 percent increase in gas prices for domestic consumers.
read more... 27/04/2012