RWE AG, the German utility seeking to cut reliance on Russian natural gas, may get greater access to reserves in Turkmenistan after agreeing to develop a Caspian Sea block off the country’s coast. For full story, click here
With each passing day more and more clarity is emerging within the government that it should reserve all rights when it comes to natural resources. For full story, click here
A natural gas reserve off the coast of Haifa is larger than first thought. The Tamar 2 drilling site is nearly 30 percent larger than previously estimated and could reach 180 billion cubic meters. The value of the field could reach $30 billion. For full story, click here
The Energy Department will likely to declare a 108 billion- to 113 billion-cubic foot jump in natural gas reserves on Thursday for the week ended May 22. For full story, click here
Monday, August 3, 2009