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Bulgaria, EU Start Work on Creation of 'balkan' Gas Hub

Dec 15, 2015

Bulgaria and the European Commission have agreed to establish a joint working group to support the development of a gas hub in Bulgaria designed to serve the whole Balkan region. Gas infrastructure in southeast Europe is poorly ...

Tags: Bulgaria, EU, gas hub

UK Day-Ahead Power Prices Move Sideways on Mixed Market Signals

Dec 2, 2015

UK day-ahead power prices were mixed on Tuesday, moving in opposite directions for the second consecutive day this week, as healthy wind supply and weak NBP spot market offset bullish influence of rising demand. At the Platts 1100 GMT, ...

Tags: gas-fired power, coal-fired power, NBP gas

LNG Volumes From US and Australia Could Lead to a Progressive Convergence of Gas Prices

May 12, 2014

LNG volumes coming on stream from countries including the US and Australia in the next few years could lead to a progressive convergence of global gas prices and more LNG imports into Europe as well as the Far East, US Energy Secretary ...

Tags: LNG Exports, LNG market

Global Ports Expect to See LNG Account for 13% of The Bunker Fuel Market Supply

Apr 9, 2014

Global ports expect to see LNG account for 13% of the bunker fuel market supply come 2020 and 24% by 2025, according to a Lloyd's Register report Monday. Lloyd's global marketing manager Luis Benito shared the observations at a media ...

Tags: LNG, Bunker Fuel Supply

The Establishment of an Asian Regional Gas Trading Hub Is Still at Least Five Years Away

Apr 3, 2014

The establishment of an Asian regional gas trading hub is still at least five years away, International Gas Union President Jerome Ferrier told a press conference in Sydney Tuesday. LNG importers in Asia are studying plans to establish a ...

Tags: LNG importers, gas, natural gas

European Prompt Gas Prices Rose Wednesday Despite Strong Norwegian Gas Supplies

May 20, 2013

European prompt gas prices rose Wednesday despite strong Norwegian gas supplies, as higher than normal seasonal demand in the UK gas hub supported higher prices on the continent. Day-ahead gas contracts on the Dutch TTF trading hub were ...

Tags: EURO GAS, Chemicals

GE Opens New Facility to Help Boost Oil Production

Jan 31, 2013

Underlining its commitment to help strengthen Iraq’s energy infrastructure, GE Oil & Gas has established a new technology and service center near Basra City. The facility, which was opened earlier this month, brings the latest GE ...

Tags: Oil Production, GE, Oil, Gas

EPGI Has Announced That They Have Been Awarded The Development Management Contract

Jan 30, 2013

International developer EPGI has announced that they have been awarded the development management contract to develop and build the new Basra Oil and Gas International Free Zone in Iraq. The project is the second largest of its kind in ...

Tags: EPGI, Oil, Gas Project

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