News

How Alaska gas pipeline price tag grew 300 percent in 12 years

May 12, 2013 Costs have ballooned for the long-awaited project to tap Alaska’s vast natural gas reserves in the Arctic, skyrocketing 300 percent in 12 years as the proposal morphed from an overland route bound for the Lower 48 to a dramatically different project to ship liquid natural gas across oceans. The skyrocketing estimates are increasingly important as state officials consider the benefits of joining oil titans such as Exxon Mobil Corp. to become a partner in the ...

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Russian-Serbian cooperation in the energy sector, progresses with the South Stream project execution.

Mar 28, 2013 Led by Alexey Miller, Chairman of the Gazprom Management Committee the Company

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ICE and Gasunie Announce Trading Exchange

Mar 28, 2013 Intercontinental Exchange (ICE) and Dutch natural gas infrastructure company Gasunie are jointly launching a European gas and power trading platform, the companies announced. ICE is a leading operator of global markets and clearing houses. The ICE Endex will commence operations, following competition clearance by the Office of Fair Trading (OFT) in the UK, and a declaration of no-objection from the Dutch Ministry of Finance, according to a statement on Gasunie’s website. The facility will be ...

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NRG Expert, the energy market research company, reveals the effects the 2013 UK Budget has on the shale gas industry in the UK

Mar 27, 2013 The government

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Nakilat, Qatar

Mar 26, 2013 The MoU was signed last night in the presence of HE Sheikh Hamad bin Jassim bin Jabor Al Thani, Prime Minister and Foreign Minister of Qatar, HE Abdelmalek Sellal, Prime Minister of Algeria, HE Dr Mohammed bin Saleh Al Sada, Minister of Energy & Industry and Chairman of Qatar Petroleum (QP), and HE Youcef Yousfi, Minister of Energy and Mines of Algeria. CEO of RasGas and Nakilat

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Bulgaria and Serbia link pipeline

Mar 18, 2013 The heads of Bulgaria and Serbia signed an agreement to put in place the first gas pipeline between Bulgaria and Serbia. The Nis-Dimitrovgrad-Sofia pipeline will contribute is particularly important given that both of them were severely affected by the 2009 gas supply disruption. The bi-directional pipeline is critical to develop the gas market of the entire region and is part of the Energy Community Gas Ring concept promoted by the European Commission. The investment required ...

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Statoil and co-venturer ExxonMobil announced their third high impact discovery in Block 2 offshore Tanzania in a year.

Mar 18, 2013 The discovery of 4-6 TCF of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 TCF. The Tangawizi-1 discovery was made in sandstone of tertiary age. The new discovery is located 10 kilometres from the Zafarani and Lavani discoveries. It is located in water depth of 2,300 metres and was drilled by the Ocean Rig Poseidon drilling rig. Statoil and co-venturer ExxonMobil are also working to mature ...

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The newly proposed « Bluegrass Pipeline » would be much longer than the controversial Keystone XL

Mar 14, 2013 Pipeline developer Williams Co.

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