Poland to free gas prices for companies in 2013
Poland intends to eliminate price caps on natural gas for corporate customers in 2013.
Poland intends to eliminate price caps on natural gas for corporate customers in 2013.
The European Energy Exchange (EEX) plans for further growth in its gas trading contracts in 2012 after expansion in 2011, its CEO Peter Reitz said.
It is here, the dreaded by some, 2012. Hopefully, the doom predictions are going to be wrong and it will be just another year. Making predictions can turn out to be disastrously wrong for the journalists that attempt them. However, from an oil and gas perspective Ian McInnes gives it a go on some of the issues.
Sinopec and Total invests US$4.5bn in the US shale gas sector as they team up with Devon Energy Corp and Chesapeake Energy.
Excelerate Energy has signed an agreement with the Puerto Rico Electric Power Authority (PREPA) to develop and seek the necessary approvals to build a floating offshore LNG regasification facility off Puerto Rico’s southern coast. The Aguirre GasPort facility will provide fuel to the Central Aguirre Power Plant.
Energy companies sometimes get caught in the spotlight of the market and are caught up in a game of investor snakes and ladders where either designation may be unwelcome. Ian McInnes offers examples.
Abu Dhabi National Energy Co (TAQA) has secured three European energy companies as launch customers for its huge Bergermeer gas storage facility in The Netherlands in deals worth up to US$1bn.
Siemens will be delivering its first SGT-750 industrial gas turbine to the Lubmin station of the Nord Stream pipeline.
GE will be delivering its 6B gas turbines to Krakatau Daya Listrik, which provides power for PT Krakatau Steel.
Iraq’s energy potential is enormous with proven oil reserves of around 144bn barrels and proven natural gas reserves of 110tnft3. However, will risks outweigh opportunities ?
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