Latest news
Saudi Arabia plans to export solar electricity to Europe
Saudi Arabia, which is planning massive investment in renewable energy, hopes to export solar electricity to Europe in winter, when cooler temperatures reduce the need for air conditioning in the kingdom.
read more... 04/06/2013
Poland’s shale gas hopes fade on Talisman, Marathon withdrawal
Poland’s shale gas hopes have recently suffered a major blow after the North American energy companies-Talisman Energy Inc. and Marathon Oil announced that they are quitting the exploration for shale gas in Poland. Poland, the former Soviet bloc country, hoped that the exploration of its shale gas deposits will soon reduce its dependence on Russian gas supplies and will further transform the nation from a gas importer to a gas exporter.
read more... 14/05/2013
Scottish sales of oil and natural gas hit 9 year high
Scottish Energy Minister Fergus Edwig stated that Scottish oil and gas supply chain exports increased by 8.4 % in 2012 if compared to 2011 levels, to 12.7 billion dollars.
read more... 08/05/2013
Bulgaria to switch off 40% of wind, solar power capacity
The Bulgarian authorities will switch off about 40% of its wind and solar power plants in order to equilibrate a power system in danger of instability following a considerable excess of capacity after a drop in consumption and exports.
read more... 03/05/2013
Daily: European power spot up on weak wind supply, cold weather outlook
Crude oil futures boosted on Monday on optimistic expectations of further stimulus on both sides of the Atlantic, while U.S. crude extended gains on signs of improving demand and increasing exports.
read more... 30/04/2013