Latest news
Angola – surpassing its OPEC quota.
Oil minister Jose Botelho de Vasconcelos was quoted by local news agency declaring that Angola is extracting more than its OPEC quota. The Angolan official said that they’re producing 1.9 million barrels of oil per day even though they admit the output target set by OPEC is 1.656 million bpd, and still, industry sources say that it is even lower, at 1.52 million bpd.
read more... 27/09/2010
Total anticipates stable production in 2011
The major oil company in France, Total, stated on Wednesday that it anticipated stable oil and gas production in 2011, though the target remained of 2% average annual growth between 2010-2014.
read more... 16/09/2010
Solar and offshore wind capacity objectives of Spain to be lowered
Spanish solar and offshore wind capacity targets have been reduced, though keeping the goal of deriving 20 percent of its electricity from renewable energy.
read more... 16/06/2010
New EU package adopted on the sustainability criteria of biofuels
The European Commission adopted two Communications and a Decision June 10, encouraging industries, governments and NGOs to set up certification schemes on the sustainability criteria of biofuels, including the imported ones in the EU, as to aid reach the EU target in a sustainable way, the one of getting 20% of renewable energy from total energy consumption.
read more... 11/06/2010
New solar feed-in tariffs in Germany and target for 2010
Germany’s Parliament has consented to raise the rate of photovoltaic installations per year in 2010 to 2,500 MW – 3,500 MW from 1,100 MW – 1,700 MW per year and also abolish the tariff for ground mounted systems on crop land.
read more... 03/06/2010