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Daily – energy prices down across the market
Crude oil futures went down on Monday as investors worried about the German finance minister’s forecasts that the EU summit this weekend would not propose a final solution to region’s debt crisis.
read more... 18/10/2011
Greece to invest 1 billion euros in solar power
According to the Deputy Prime Minister and Finance Minister of Greece, Evangelos Venizelos, the country will attempt to accelerate the approval of three PV large-scale photovoltaic projects worth 1 billion euros.
read more... 18/10/2011
Ofgem proposes simpler energy tariffs
The UK’s state energy regulator, the Office of Gas and Electricity Markets requested to reform the energy retail market including simpler energy standard tariffs.
read more... 18/10/2011
Nabucco denies the rumors of postponement
According to the recent declarations of one of the shareholders in the Nabucco project, the pipeline which aims to reduce the European dependence on Russian gas, may deliver its first gas in 2018, a year later than anticipated.
read more... 17/10/2011
Four energy majors in a huge North Sea investment
The UK oil giant, BP, alongside its partners Chevron, ConocoPhillips and Shell have won the British government approval to invest US$15.7 billion (GBP10 billion) in the development of a huge oil field in the North Sea over the next five years.
read more... 17/10/2011