Latest news
China: Gas production begins at Chuandongbei Project
China National Petroleum Corp (CNPC), the largest Chinese energy company and the U.S. giant Chevron started commercial gas production from a field located in the Sichuan basin in southwest China.
read more... 27/01/2016
Energy demand will increase by 25% by 2040
Global energy demand will rise by 25% by 2040, according to a new report by ExxonMobil which added China and India will account for approximately half of the projected growth during the same period.
read more... 26/01/2016
Daily: Crude oil rebounds as cold spell spurs fuel demand
Crude oil prices rebounded on Friday, as cold weather across in the United States and Europe spurred energy demand. Brent crude oil, which declined in recent weeks on concerns about supply glut, ended 10 percent higher and above $32 a barrel in one of the biggest daily increases ever. Brent crude boosted 10 percent to close at $32.18, well above this week's low of $27.10, while WTI crude climbed 9 percent to settle at $32.19.
read more... 25/01/2016
EU agrees to develop European grid to reduce need for Russian gas
EU member states on Tuesday approved a plan to invest over 200 million euros ($217 million) in cross-border energy infrastructure projects intended to aid reduce dependence on Russian gas.
read more... 20/01/2016
Gamesa obtains new solar order in India
Gamesa has received a new order in India from green energy developer New Era Enviro for the development of 23 MW of solar power capacity across three projects sited in the state of Telangana.
read more... 19/01/2016