Latest news
German onshore wind capacity set to post 10-year high
Germany‘s onshore wind capacity added more onshore wind new capacity to the grid in the last twelve months than in any single year since 2003, according to estimates by the Fraunhofer institute (IWES) recently released.
read more... 18/12/2013
UK is going ahead with shale gas exploration
Britain is moving ahead with plans to accelerate the search for shale oil and gas, as a British government report has found that more than half of the country could be suitable for shale gas fracking. The government published a new report which claims the energy source will not have a detrimental effect on the environment.
read more... 18/12/2013
Bulgaria to build another nuclear power plant
Bulgaria's Government has approved the report presented by the Energy Minister Dragomir Stoynev, regarding the need to build a new unit at the country's only nuclear power plant, Kozloduy NPP. The Bulgarian Energy Holding (BEH) intends to negotiate with US energy giant Westinghouse, which is to build the reactor with its technology.
read more... 18/12/2013
Daily: Brent prices drop below $109 ahead of Federal Reserve meeting
Brent crude oil dropped below $109 a barrel on Tuesday, ahead of a U.S. Federal Reserve meeting during which the central bank may decide to slash its stimulus programme.
read more... 18/12/2013
PGNiG and Chevron to explore for shale gas reserves in the southeast of Poland
Poland’s oil and gas company PGNiG, signed a letter of intent with American fuel giant Chevron, on the terms of a possible cooperation on shale gas exploration projects, which would bring together four licences in southeastern Poland.
read more... 17/12/2013