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Germany breaks a new solar power record

Germany’s solar power plants achieved a generation milestone of 22 GW of electricity per hour through the midday hours of Friday and Saturday, which is equivalent to 20 nuclear power stations at their full capacity.

read more... 29/05/2012

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Daily- British prompt gas prices decline on mild weather and lower demand

Brent crude oil jumped about $107 per barrel on Monday as fears of an eventual euro zone collapse eased, but Middle East oil supply worries emerged again as talks on Iran’s nuclear programme failed.

read more... 28/05/2012

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Lukoil: 2012 first quarter net profit up 7.7% on higher oil prices

The Russian oil and gas giant Lukoil saw a hike in its 2012 first quarter net profit, pushed up by higher oil and gas prices.

read more... 28/05/2012

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Ithaca Energy welcomes first oil from Athena field

Ithaca Energy revealed a successful start-up of the oil production from the Athena field in block 14/18b in the Outer Moray Firth area of the North Sea.

read more... 28/05/2012

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China to invest $27 billion on renewable energy promotion

China envisages spending $27 billion (£17bn) this year for the promotion of renewable energy, energy conservation and carbon emission reductions.

read more... 28/05/2012

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