Latest news
World largest CO2 recovery plant to be built in Saudi Arabia
Saudi Arabia intends to build the world's largest CO2 purification and liquefaction plant that would compress and purify about 1,500 tons per day of raw CO2. According to Saudi Basic Industries Corporation (SABIC) the plant will be based in the Jubail Industrial City while an estimated 500,000 tons of CO2 emissions will be saved each year.
read more... 23/08/2013
Germany hits a new solar record
Last month, Germany, home to a vast 1.3million photovoltaic installations and the highest solar capacity in the world, has reached a new solar power generation record registering 5.1 TWh, with over 40% of the country’s electricity being generated by solar power on July.
read more... 23/08/2013
Coal- a strategic energy source for Ukraine
Coal production in Ukraine has reached its pre-crisis levels, has announced Ukrainian president Viktor Yanukovych yesterday. Coal production has increased by about 15 million tons in comparison to 2009 levels.
read more... 23/08/2013
Daily: British gas prices down on an oversupplied system
Brent crude oil futures fell on Wednesday below $110 per barrel on reports that some Libyan oil exports might soon start again, while the Seaway crude oil pipeline had close, halting shipments from the U.S. Midwest to the Gulf Coast.
read more... 22/08/2013
UK oil and gas industry received record levels of investments
Trade body Oil & Gas UK, has recently released a new report according to which investments the North Sea are the highest in the last 30 years and continues to rise. It has revealed that investments in the UK Continental Shelf projects reached little more than £11 billion last year, and this figure is likely to rise by a further £2 billion this year.
read more... 22/08/2013