Latest news
Eni’s quarterly profits registered a drop of 57%
Italy's largest energy company, Eni SpA said its profits dropped 57% in the first quarter due to the weaker results to rising taxes and a poor operating performance. Eni said that net profit for the first three months to March was €1.5 billion, compared with €3.62 billion in 2012.
read more... 25/04/2013
BNEF: Green energy investments to triple by 2030
According to a new report offered by Bloomberg New Energy Finance, annual investments in renewable energy is likely to almost triple by 2030. Renewable energy systems will account for between 69% and 74% of all new power capacity added worldwide by 2030 due to the decrease in the cost of solar and wind energy technologies.
read more... 24/04/2013
Enel intends to invest about 6 billion euro in renewables
The Italian energy firm Enel Green Energy plans to have about 12.4 GW of green power installed, an increase of 4.4 GW on existing power developments, with around 1 GW of that in place by the end of the year.
read more... 23/04/2013
Bright future for wind power in China
China's National Energy Administration has recently announced that China is to approve 27.9 GW of new wind power projects. Sichuan’s provincial government plans to focus on the development of renewable energy, giving more weight on wind.
read more... 22/04/2013
Norway: Statoil unveils a significant discovery in the North Sea
Norwegian energy company Statoil ASA announced it has found significant new oil resources in the North Sea.
read more... 22/04/2013