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Cheaper gas and electricity bills with British new tariff OnlineSaver 4

British Gas, the company which supplies gas and electricity to UK residential and business customers, has recently launched a new online energy tariff, called OnlineSaver 4, which guarantees a 4% discount compared to their standard tariff, until 31st October 2012.

read more... 11/05/2011

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Bulgaria asks for fuel guarantees as Russia halts oil exports

Bulgaria's Economy and Energy Minister, Traicho Traikov, has required guarantees from Russia for sufficient supplies of fuel for the country's market following the reports that the Russian Federation is halting oil export.

read more... 03/05/2011

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Egypt pipeline blast cuts gas supplies to Jordan and Israel

Israeli officials announced that a pipeline that transports natural gas from Egypt to Israel and Jordan exploded on Wednesday morning, following a gun attack in the north Sinai area of Egypt.

read more... 29/04/2011

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Japan needs additional LNG supplies from Qatar

Japan needs extra 4mn tones of LNG supply or more than 60 cargoes over the next 12 months from Qatar, which will push long- term gas prices up and possibly will divert supplies from Europe.

read more... 21/04/2011

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OPEC forecasts Japan revival to be negative

According to OPEC forecasts on Saturday, Japan will face a negative growth this year in the wake of the devastation caused by the earthquake and tsunami from March 11, but IMF (International Monetary Fund) economists remain confident that Japan could be recover from the disaster, all depending on the restoration of power supplies.

read more... 18/04/2011

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