Latest news
China to ban new coal plants around Beijing
Last week China has announced that it will ban the construction of new coal power plants in three regions near Beijing, Shanghai and Guangdong, in a move which aims to reduce the consumption of coal below 65% of total power generation by 2017, in comparison to 70% currently, and to reduce country’s air pollution.
read more... 30/09/2013
Ukrainian diversification of natural gas supplies
Since 2011 Ukraine is trying to raise natural gas production levels in the Black Sea from 1 bcm in 2011 to 3 billion cubic meters in 2015.In 2012 the Black Sea production reached 1.2 bcm and is predicted to rise to 1.65 bcm in 2013.Its total gas reserves have been estimated at 5.4 trillion cubic meters.
read more... 25/09/2013
French Total to quit Shtokman gas project
French oil giant Total is envisaging selling its 25 percent stake in the Shtokman Development AG to Russian energy major Gazprom, becoming the last partner to exit from the gas project in the Barents Sea.
read more... 24/09/2013
Top 5 largest offshore wind farms in the world
Total offshore wind capacity in Europe stands now at 6,040 MW in 58 wind farms across 10 countries, up from 4,336 MW in June 2012. However, UK remains the world leader in terms of offshore wind capacity.
read more... 16/09/2013
Cyprus could become a natural gas hub by 2025
Natural gas reserves in the six gas fields licensed to Noble, Total, Kogas and ENI could total about 1.1 trillion cubic metres or 38.9 trillion cubic feet, unveils an article published in the quarterly Oxford Energy Forum, KRETYK’s Chairman Charles Ellinas.
read more... 16/09/2013