Tag: natural gas

Germany's upper house of parliament passed a non-binding resolution on Friday (1 February) urging Chancellor Angela Merkel's government to tighten the rules for controversial modern drilling techniques, or fracking, for unconventional gas.

Russia's Gazprom committed more than €29 billion to develop an East Siberian gas field and build a pipeline to the Pacific port of Vladivostok in a bid to lessen its reliance on exports to Europe and develop Asian markets, amid falling demand from Europe.

The European Union is poised to ban imports of Iranian gas into Europe as part of its efforts to ratchet up pressure on the Islamic Republic over its nuclear programme.

Hungary has embarked on a plan to nationalise sectors of its economy, raising eyebrows in the business community. The European Commission appears to be watching these developments with concern though it is not yet ready to take action.

Shell has joined with other ‘progressive’ businesses to lobby the EU for a much stronger carbon price to incentivise clean energy investments. But Graeme Sweeney insists that it will not compromise on its support for tar sands, gas, and opposition to new efficiency and renewables targets.

Ministers have been advised to allow the controversial practice of fracking for shale gas to be extended in Britain, despite it causing two earthquakes and the emergence of serious doubts over the safety of the wells that have already been drilled.

Prime Minister Mykola Azarov called today (7 September) for Ukrainians to keep their doors and windows tightly closed, to store energy and to save on gas because of Ukraine's "enslaving" gas contract with Russia.