Latest news
India to import more Russian gas in 2016
Russian president Dmitry Medvedev on Friday said Russia will significantly boost the supplies of liquefied natural gas to energy hungry India in 2016.
read more... 19/12/2011
IEA: Singapore to become an LNG-trading hub
With a record demand for LNG in Japan and a boom in North American supplies, natural gas is expected to play a key role in the global energy mix of the future, with the International Energy Agency (IEA) saying it could well be a “golden age” for gas, paving the way for an LNG trading hub in Asia.
read more... 16/12/2011
Siemens to invest EUR 66 million in gas turbine research
Industrial group Siemens has announced its plans to invest EUR 66 million in the construction of new test centre for gas turbines near Berlin, Germany, which will make possible to study and validate the combustion processes in gas turbines, enabling the construction of more efficient gas power plants.
read more... 15/12/2011
Total boosts its stake in Novatek
The French major, Total SA announced that it has increased its stake in Russian company, Novatek by 2 per cent to 14.09 per cent, at a cost of $800 million.
read more... 14/12/2011
EU supports a single energy market by 2014
The leaders from EU 27 countries are planning to complete a single electricity and natural gas market by 2014, a measure funded by Poland, the conclusions from the European Council meeting in Brussels showed.
read more... 14/12/2011