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Italy energy demand to increase 10% by 2025

Total energy demand in Italy is likely to increase from 177.5 million tonnes of oil equivalent (toe) forecasted in 2011 to 186.6 million toe in 2015 and 195.5 million toe in 2025 with Italian economic slowdown, following approval of the government's austerity plan, weighing on short-term energy demand and according to a recently published report by the Italian oil refining body Unione Petrolifera (UP).

read more... 30/09/2011

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BP reveals £700 million oil project move

The energy major, BP announced that it has won a government approval to invest up to £700 million (USD 1.128 billion) in extracting oil from a North Sea reservoir, creating more than 1,000 jobs.

read more... 07/09/2011

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Daily energy Overview, Thursday, June 30, 2011

U.S. and Brent crude oil futures increased on Wednesday, on data indicating a sharp weekly drop in crude stockpiles and as the dollar index stayed weak following the approval of an austerity plan by the Greek parliament. U.S. crude for August delivery settled at 94.77 dollars a barrel, up 1.88 dollars, after a trading range between 92.66 and 95.84 dollars. ICE Brent crude for August delivery increased to 112.40 dollars a barrel, after trading from 108.78 to 112.40 dollars.

read more... 30/06/2011

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E.ON and Dong Energy see their projects refused by the Scottish government

Recently, the Scottish Government discarded from its governmental new offshore wind plan two wind farm projects, submitted for approval by E.ON with its 300 MW project in the Solway Firth and DONG Energy's 280MW Wigtown Bay project.

read more... 23/03/2011

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Ecotricity to build the largest PV-Wind combined plant in UK

The first combined PV-Wind Park in United Kingdom is waiting the approval of British authorities.

read more... 01/09/2010

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