Latest news
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
Perspectives for the Central Europe power markets
Central and southeastern Europe, once seen to have big potential as a regional power market, will provide only niche opportunities as reluctance to integrate pushes out financial players needed to fuel liquidity.
read more... 14/05/2013
Daily: Brent prices up on volatile trade
Brent crude oil futures increased on volatile trade on Thursday, while U.S. crude slightly decreased, as investors evaluated Middle East tensions against weak demand and high inventories.
read more... 10/05/2013
Spain’s shale gas reserves
Spain is the fifth largest energy consumer in Europe and has practically no domestic production of liquid fuels or natural gas. It has made significant progress in diversifying into renewable energy but, this only accounts for about 9% of its gross inland consumption. A quarter of consumption is fuelled by natural gas and half by petroleum, both of which Spain has to import.
read more... 10/05/2013
SSE to build a new hydropower plant in northern Scotland
Energy giant SSE has announced that it will build a 30 million pounds hydropower plant near Ardross, in Ross-shire, Scotland. The Glasa project, which will have a total capacity of about 7.5 MW, is due to provide enough green power to supply about 10,000 households, and is expected to be completed by the end of 2015.
read more... 10/05/2013