Latest news
BGS: Britain's shale gas reserves are much larger than previously estimated
According to a new report performed by the British Geological Survey, UK may hold shale gas deposits that could supply the country for 25 years, ramping up the previous estimates.
read more... 28/06/2013
European power trading volumes uncertain after the 2012 drop
Trading volumes in Europe's major wholesale power markets dropped 12% in 2012, and nearly four months into 2013 the direction of the market is too uncertain to predict. Trading volumes dropped to 8,534 TWh in 2012 in France, Germany, Italy, the Netherlands, Spain, Britain and the Nordic region from 9,645 TWh in 2011, according to estimates.
read more... 02/05/2013
UK: Shale gas could improve energy security but could not reduce energy bills
The UK has decided along with other countries, to follow the example of the United States on what concerns the shale gas production. MPs has criticized the government for delaying development of shale gas instead of encouraging companies to come up with more precise estimates of recoverable reserves.
read more... 26/04/2013
Italy: Eni unveils a new major discovery off Mozambique
Eni, the Italian oil and gas group, has raised its estimates of natural gas reserves off the coast of Mozambique during its fifth successful drilling, boosting the yield of a significant gas field off the southeast African nation.
read more... 03/08/2012
China’s gas consumption to triple by 2030
China’s annual gas demand is forecasted to grow to 350 billion cubic meters (33.8 Bcf/d) by 2020 and 550 Bcm by 2030 from 130 Bcm in 2011, according to IEA estimates.
read more... 08/06/2012