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European top energy companies to launch North Sea Power to Gas Platform

A European consortium composed from eleven top companies have established the North Sea Power to Gas Platform, to jointly develop the concept of Power-to-Gas (P2G) – the conversion of renewable electrical power into a gaseous energy carrier like hydrogen or methane.

read more... 02/05/2013

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Gazprom earnings for 2012 down 10%

Russian energy giant Gazprom, the world’s biggest natural gas producer, reported a 10% drop in its earnings amid lower gas sales. Profits for 2012 amounted to 38.17 billion dollars, compared to 42.2 billion dollars in 2011.

read more... 30/04/2013

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Eurostat: Europe on track to achieve 2020 renewable energy target

The EU member nations are on track to achieve their 2020 renewable energy target, according to the most recent statistics released by Eurostat.

read more... 30/04/2013

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Russia to support the development of renewable energy sources

The Russian Energy Minister submitted on 15 April a draft law to Dmitry Medvedev, prime minister of Russia, which eyes supporting the development of renewable energy sources, such as solar power, wind power, and hydroelectric power.

read more... 29/04/2013

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DECC: UK’s oil and gas output down in 2012

New annual statistics offered by the Department of Energy and Climate Change revealed that UK’s oil and gas output dropped by 10.3% in 2012 to 122.9 million tons of oil equivalent.

read more... 29/04/2013

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