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Global geothermal capacity reaches approximately 11,224 MW

Global geothermal capacity has increased to about 11,224 MW of installed capacity as of May 2012, emphasizing again the importance of this baseload energy source that could replace other non renewable sources worldwide, announced Karl Gawell, the director of Geothermal Energy Association.

read more... 25/05/2012

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Bulgaria, Gazprom to conclude a deal to cut Russian gas prices

Bulgaria and the Russian gas giant Gazprom are looking to conclude an agreement to cut the price of natural gas to Bulgaria by 11.1% and as well as removing intermediary companies from the supply chain in exchange for the country's support for the South Stream gas pipeline project.

read more... 21/05/2012

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Nord Stream might be expanded

The expansion of the Nord Stream pipeline infrastructure should be considered as to meet the EU’s rising demand for imports of natural gas over the next decades as well as to secure gas supplies under existing contracts.

read more... 17/05/2012

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Daily – Gas prices up on stronger exports to Belgium

U.S. crude oil futures shed on Wednesday on the way to a sixth straight lower index, but settled well above its intraday low. WTi crude for June delivery traded at 96.81 dollars a barrel, down 20 cents.

read more... 10/05/2012

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Daily – U.S. crude ends down, but well above intraday low

WTi and ICE Brent crude oil futures decreased on Monday, in choppy trading recovering from intraday lows and on European election results that renewed concerns over the region’s debt woes.

read more... 08/05/2012

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