Latest news
Shell to invest in China’s unconventional gas exploitation projects
Global energy giant Royal Dutch Shell is eyeing to participate in China’s unconventional gas exploitation projects, especially shale and tight gas.
read more... 31/07/2012
Daily: Brent up toward $107 on new stimulus measures hopes
Brent crude increased toward $107 per barrel on Monday, extending gains for a fifth consecutive day on hopes that United States and Europe will unveiled new measures this week to back their weak economies, boosting outlook for oil demand.
read more... 30/07/2012
TAP consortium to push forward the plans for project
On July 25,the Trans Adriatic Pipeline consortium, known as TAP, met with Greek officials to discuss the accomplishment of the Southern Gas Corridor and reiterated its engagement to remain open to collaboration with Greek companies.
read more... 30/07/2012
GT ENERGY to build the UK’s largest geothermal heating project
The developer GT Energy has unveiled its plans to build the largest geothermal heating project in UK. The project will tap into the Cheshire Basin, which holds the largest geothermal resources in UK, located beneath Manchester. The 10 MW plant using two 3,000m wells drilled in the city’s Ardwick district will provide heating needs to approximately 7 million homes. Moreover, the project will help creating new jobs in the region and sustaining the expansion of a low carbon economic zone.
read more... 30/07/2012
DECC: UK renewable electricity production up 33% in 2011
The UK’s electricity production from renewable sources jumped by 33% in 2011, mainly due to a hike in solar photovoltaic capacity increasing by 12 times, a trebling of biomass capacity, and a 37% jump in offshore wind capacity, according to a recent report released by the Department of Energy & Climate Change (DECC).
read more... 30/07/2012