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Image - Europes Gas Supplies Not at Risk: EU Commissioner

Europe's Gas Supplies Not at Risk: EU Commissioner

EU energy commissioner Guenther Oettinger said Sunday that he sees no danger of Europe's access to Russian gas falling victim to possible economic sanctions in the standoff over Ukraine. "From my many talks with Gazprom, my impression is that our Russian partners will fulfill their contractual obligations and want to supply the gas," Oettinger told the Sunday newspaper Welt am Sonntag. "We are agreed that, in the cas...

Natural Gas & LNG - Apr 20, 2014


Image - RWE Looks to Profits Recovery Amid Energy Market Upheaval

RWE Looks to Profits Recovery Amid Energy Market Upheaval

RWE, Germany's second-biggest power supplier, expects earnings to stabilise from next year after a difficult time in 2014, its chief executive Peter Terium said on Wednesday. "We do not expect the dramatic trends of recent years to continue to quite the same extent," he said, referring to growth of renewable energy. On a wider front, the global energy sector is in a state of upheaval owing largely to the shale energy boom...

Natural Gas & LNG - Apr 16, 2014


Image - Pressure Pumping Market worth $116.15 Bn by 2018

Pressure Pumping Market worth $116.15 Bn by 2018

The pressure pumping market is likely to grow reasonably in the upcoming years. The long-term drivers of the pressure pumping market are well known. The relentless depletion of onshore and shallow water fields has compelled oil companies to focus on deep water and unconventional onshore areas where various pressure pumping services are required in order to produce hydrocarbons. The major drivers for the pressure pumping market are increase...

Natural Gas & LNG - Apr 16, 2014