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UK: Oil and gas production up, investments and exploration down
According to Oil & Gas UK annual latest report, published yesterday, the production of oil and gas in the UK increased by more than 10% in 2015 for the first time in 15 years. The increase was due to a succession of new projects in the North Sea along with developments of technological innovations in order to get the best out of the extraction from the existing fields.
read more... 28/09/2016
Spanish Iberdrola gets a loan of €200 million from EIB
Spanish electric utility Iberdrola will obtain a €200 million loan from the European Investment Bank (EIB) to use towards renewable energy investments, the company made known on Wednesday.
read more... 05/08/2016
Europe predicts $15.3 billion investment in offshore wind at half-year mark
The European offshore wind power industry attracted a record $15.3 billion (EUR 14 billion) in new investments during the first six months of 2016, but the manager of WindEurope stated cost decrease remains imperative.
read more... 28/07/2016
Iran poised to launch the first tender for utility-scale renewable energy projects to attract $12 billion investment
Iran is preparing to organize its first tender for utility-scale renewable energy projects by the end of 2016, as its appetite for renewables projects grows considerably. The projects could attract investments worth US$12 billion once completed.
read more... 20/07/2016
Energy report: Cheaper gas and coal will not cast a chill over investments in renewables
Declining coal and gas prices will not halt record investment in renewables over the coming decades as the cost of generating clean energy drops, according to a key energy report.
read more... 14/06/2016