Latest news
EIA: US oil production expected to increase in 2013
U.S. crude oil production is expected to increase by an unprecedented level - 815,000 barrel per day to 7.25 million barrels per day in 2013, according to a report by the Energy Information Administration.
read more... 21/02/2013
UK energy bills set to rise
According to Ofgem Chief Executive Officer Alistair Buchanan, UK household energy bills are probable to increase significantly in the coming years, with the share of generating capacity from gas doubling as old oil and coal stations close.
read more... 20/02/2013
Northeast China gets its first nuclear power station since Fukushima disaster
The first nuclear power plant and the largest energy project in Northeast China since the accident at Japan's Fukushima Dai-Ichi plant in 2011 started operation on 17 February.
read more... 20/02/2013
EU is thinking over new climate targets for 2030
European Union’s 27 Commissioners will meet today to discuss 2030 climate and energy legislation. Today they will consider early proposals for 2030 climate targets covering CO2 emissions and possibly renewable, but the energy efficiency is excluded from the list.
read more... 20/02/2013
Statoil to build a new oil hub in Europe
Norway's Statoil is to build an oil terminal in the Arctic, which according to the Norwegian group could spark “a new industrial era” in the region. Norway's Minister of Petroleum and Energy, Ola Borten Moe said that Statoil ASA's plan to bring oil by pipeline from the Barents Sea to a new terminal in the country's far north could lead the way to a permanent oil hub in the Arctic.
read more... 19/02/2013