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
The UK Department of Energy and Climate Change (DECC) has offered 167 new oil and gas licenses to companies under the 27 Licensing Round, following a record level of interest by oil companies.
read more... 26/10/2012
Almost 17 bidders from 12 countries, including Gazprom, are bidding to acquire the Greek gas companies DEPA, the public gas supply corporation of Greece, and DESFA, a fully owned subsidiary of DEPA. At present, the Greek Republic owns a 65 % stake in the company and a 35 % stake is held by the refining company Hellenic Petroleum.
read more... 24/10/2012
Brent crude traded above $112 a barrel on Thursday on hopes that China will offer more stimulus to support its economic growth and fuel demand.
read more... 09/08/2012
SPI Solar, which is a vertically integrated photovoltaic solar developer offering its own brand of high-quality, low-cost distributed generation and utility-scale solar energy facility development services, has announced that the construction of two major solar energy facility projects in Greece has been completed.
read more... 08/08/2012