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Daily: British gas prices down to nearly an eight-month low
Brent crude oil futures decreased on Thursday, dragged down by a forecast showing a decline in demand during refinery maintenance season and an increase in jobless claims in the United States, the greatest oil consumer in the world.
read more... 14/02/2014
France: a new method of shale gas extraction was proposed
France might be interested in testing a new technique of shale gas extraction with non-flammable propane, which has still to be confirmed as a secure and efficient one. Even though the exploitation of shale gas is prohibited in France, the Minister for Industrial Renewal, member of President Francois Hollande's Socialist Party, Arnaud Montebourg, has recently announced that he is in favor of extracting shale gas with the help of a new method of extraction, an experimental type of “clean fracking” which employs fluoropropane.
read more... 13/02/2014
Daily: Brent crude records a modest gain on higher demand for heating oil, gasoline
Brent crude oil recorded a slight increase on Tuesday, backed by demand for U.S. heating oil and gasoline amid an intense cold snap in the United States.
read more... 12/02/2014
British Gas on risk to be split up on excessive profit margins
British Gas former monopoly is under threat to be split up to put a cap on excessive profit margins charged by UK’s largest gas supplier, according to a declaration made by Energy Secretary Ed Davey.
read more... 12/02/2014
Italian consortium to build a LNG terminal in the port of Monfalcone
A consortium of Italian companies is eyeing developing a liquefied natural gas (LNG) terminal in northeastern Italy, move which will help to decrease their energy costs.
read more... 11/02/2014