Latest news
China to begin shale gas commercial production by 2015
China aims to start its first commercial production of shale gas by 2015, according to Che Changbo, deputy director of the Ministry of Land and Resource’s oil and gas strategy center.
read more... 26/12/2011
Russia and Ukraine failed to reach a gas agreement
Russia and Ukraine failed to reach an agreement after another round of gas talks on Tuesday night, over Kiev’s struggle for a gas price cut.
read more... 23/12/2011
China eyes natural gas generation to cut down air pollution
China is focusing now on a higher natural gas –fired generation capacity as an alternative to polluting coal for power generation and as its electricity demand is growing sharply, according to Bloomberg.
read more... 23/12/2011
Gazprom to slash by 60% its 2012 investment program
The Russian energy giant Gazprom announced on Tuesday that it has decided to slash its 2012 investment program by 64% to 776.648 billion rubles ($24.232 billion) year-on-year, while it will double its dividends.
read more... 21/12/2011
Bergermeer gas storage project gets its three launch customers
The operator Abu Dhabi National Energy Company (TAQA) announced that it has secured three launch customers for its Bergermeer Gas Storage facility in the Netherlands, set to become Europe’s largest open access gas storage facility.
read more... 20/12/2011