Latest news
U.S. wind energy- the king of renewables in 2012
Wind energy continues to be the king of renewable energy generation in the United States, with 13.1 GW of new wind projects installed in 2012, an increase of 28% on the previous year, according to the American Wind Energy Association.
read more... 01/02/2013
UK to give the green light to 28 new oil and gas projects
UK is expecting to give the green light for the exploration of 28 new oil and natural gas projects offshore in 2013, amid the increased untapped resources in the North Sea, declared British Energy Secretary Ed Davey.
read more... 01/02/2013
Germany installed 2.4GW new wind power capacity in 2012
Last year Germany installed about 2.4 GW of new wind power capacity with the nation reaching a total capacity of 31.3GW. Germany is investing in clean energy as it intends to phase-out nuclear power. It plans also to build offshore wind farms covering an area as much as six times the size of New York City and increase the renewable-energy production to about 40 %of total power production by 2020, in comparison to about 25%of now.
read more... 31/01/2013
Daily: Brent and U.S. crude oil futures settle higher on improved euro zone economic feeling
Brent and U.S. crude oil futures increased after a choppy trading on Wednesday, backed by improved euro zone economic feeling and Middle East tensions, while higher U.S. crude oil stocks and pessimistic U.S. economic growth figures capped the gains.
read more... 31/01/2013
It is official: Ukraine signed a major shale drilling deal with Shell
Ukraine and the world oil giant Royal Dutch Shell signed on January 24 a $10 billion shale gas production sharing agreement aimed at helping the ex-Soviet country to reduce its dependence on Russia.
read more... 31/01/2013