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Need for a cross-border renewables cooperation in Europe

The next twist in European renewables policy could well be a push toward more cross-border cooperation as slimming budgets pressure governments to tap billions of euros in savings between now and 2020.

read more... 20/03/2013

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Vestas to supply wind turbines for new wind farm in Italy

The Danish manufacturer of wind turbines Vestas, has received an order from ERG Renew S.p.A, Italy’s largest wind energy producer, to provide 17 units of the V100-2.0 MW turbine for the 34MW Palazzo San Gervasio wind farm in Basilicata, Italy.

read more... 19/03/2013

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Daily: Brent crude futures drop on Cyprus bailout plan

Front-month Brent crude oil futures dropped 31cents to settle at $109.51 a barrel on Monday after an unusual bank bailout proposal for Cyprus threatened to cause new economic turbulence in the euro zone. Meanwhile, U.S. crude oil futures for April delivery inched up 29 cents a barrel on Monday to settle at $93.74, recovering from early losses triggered by worries about the Cyprus bailout plan.

read more... 19/03/2013

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Scotland: Cockenzie coal plant closes

ScottishPower has closed the 45 year old coal-fired power station at Cockenzie in Scotland, as it wants to convert the plant to burn gas, rather than coal. It was the largest power station in Scotland and powered about 1 million households every year generating more than 150 TWh of electricity.

read more... 19/03/2013

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Eni hits another oil discovery in Angola

Eni, the Italian oil and gas company unveiled its ninth oil discovery in Block 15/06, in deep water offshore Angola, boosting the resource base at West Hub project.

read more... 19/03/2013

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