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EIB to provide 215 million euro loan for electricity and gas to Greece

The European Investment Bank (EIB) is providing two loans for a total amount of about 215 million euro having the objective to help increase energy security and support efficiency in Greece. read more...

WWEA 2012: 100 countries are using wind power

A report released by the World Wind Energy Association (WWEA) shows that global wind power is expected to reach a capacity of 500 GW by 2016 and about 1 million MW by 2020. read more...

Estonia: The first nation to meet the EU 2020 target

According to the grid operator Elering AS, Estonia’s share of renewable energy has increased by 2% in comparison to 2011 levels and currently stands at 14.9% of total consumption, which means that Estonia is the first country in the European Union to meet the 2020 renewables target. read more...

Daily: Crude oil closes higher on weaker dollar, ample supplies

Crude oil prices increased on Monday on a weaker dollar, but significant oil supplies capped gains, even as equity markets hanging at record levels. read more...

Daily: UK spot gas prices drop on oversupplied system, weaker demand

Crude oil rose towards $105 a barrel on Friday, recovering from an earlier decline and registering a weekly slight gain, although fears about the strength of demand growth capped the rise. read more...