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Centrica to abandon plans for a 2 billion pound wind farm

Centrica has announced it intends to abandon plans to build a 2 billion pound offshore wind farm as it said that subsidies offered by the government are too low. The UK based energy company added also that it will not build the Race Bank wind farm unless the government enhances the projected subsidies.

read more... 04/11/2013

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Total to explore offshore gas field in Argentina

A consortium led by the French energy giant Total, with German firm Wintershall and Pan America Energy from Argentina will invest USD 1 billion (EUR 725.1m) to develop the Vega Pleyade offshore deep water natural gas field off the southern coast of Argentina.

read more... 25/10/2013

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E.ON to build an offshore wind farm in the North Sea island of Helgoland

The German energy provide E. ON unveiled it started the construction of its Amrumbank West offshore wind farm in the North Sea.

read more... 24/10/2013

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Noble Energy unveils gas discovery offshore Cyprus

Noble Energy, Texas-based energy company, unveiled it has discovered a deposit of natural gas at the Levant basin off the coast of Cyprus.

read more... 07/10/2013

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Onshore and offshore wind power to be eclipsed by solar for the first time in 2013

Solar power capacity installed all over the world this year is on the track to eclipse wind for the first time, spurred by new subsidies and policy support, according to a report provided by Bloomberg New Energy Finance (BNEF).

read more... 27/09/2013

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