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EIA: Caspian Sea could become Europe's preferred alternative for gas
The Caspian Sea region, which includes Russia, Azerbaijan, Kazakhstan, Turkmenistan, Uzbekistan, and Iran, is one of the oldest oil producers. However, despite being a traditional oil producer, the Caspian area's importance as a natural gas producer is increasing rapidly.
read more... 17/09/2013
Top 5 largest offshore wind farms in the world
Total offshore wind capacity in Europe stands now at 6,040 MW in 58 wind farms across 10 countries, up from 4,336 MW in June 2012. However, UK remains the world leader in terms of offshore wind capacity.
read more... 16/09/2013
Cyprus could become a natural gas hub by 2025
Natural gas reserves in the six gas fields licensed to Noble, Total, Kogas and ENI could total about 1.1 trillion cubic metres or 38.9 trillion cubic feet, unveils an article published in the quarterly Oxford Energy Forum, KRETYK’s Chairman Charles Ellinas.
read more... 16/09/2013
EU MEPs postponed vote on fracking until October
The members of European Parliament have postponed the 11 September vote on whether to include shale gas fracking in an update of the EU Environmental Impact Assessment Directive.
read more... 16/09/2013
Daily: German forward power at 39.60 euros, below a five-month high
Brent crude oil inched up on Friday, reversing losses of over $1 before the settlement following uncertainty over negotiations between the United States and Russia over Syria’s chemical weapons which put investors on the edge.
read more... 16/09/2013