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Energy- hungry China to invest $13.07 billion in oil and gas exploration in 2013

China is expected to invest 80 billion yuan ($13.07 billion) in oil and gas exploration until the end of 2013, as it pledges to increase energy supplies and to curb its dependence on energy imports, according to the Ministry of Land and Resources.

read more... 17/09/2013

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EIA: Caspian Sea could become Europe's preferred alternative for gas

The Caspian Sea region, which includes Russia, Azerbaijan, Kazakhstan, Turkmenistan, Uzbekistan, and Iran, is one of the oldest oil producers. However, despite being a traditional oil producer, the Caspian area's importance as a natural gas producer is increasing rapidly.

read more... 17/09/2013

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Cyprus could become a natural gas hub by 2025

Natural gas reserves in the six gas fields licensed to Noble, Total, Kogas and ENI could total about 1.1 trillion cubic metres or 38.9 trillion cubic feet, unveils an article published in the quarterly Oxford Energy Forum, KRETYK’s Chairman Charles Ellinas.

read more... 16/09/2013

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EU MEPs postponed vote on fracking until October

The members of European Parliament have postponed the 11 September vote on whether to include shale gas fracking in an update of the EU Environmental Impact Assessment Directive.

read more... 16/09/2013

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Four new biogas facilities to be built in France

Weltec Biopower GmbH, with the partner Domaix Energie, in Alsace has begun the development of four agricultural biogas plant projects in France, with capacity of 1.6 MW.

read more... 12/09/2013

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