Latest news
Italy’s Eni makes a significant oil discovery in Egypt
Italy’s energy giant Eni unveiled an important oil find in Egypt's Western Desert, at the Emry Deep exploration prospect, located in the Meleiha Concession, 290 kilometres southwest of the port city of Alexandria.
read more... 25/05/2012
Global geothermal capacity reaches approximately 11,224 MW
Global geothermal capacity has increased to about 11,224 MW of installed capacity as of May 2012, emphasizing again the importance of this baseload energy source that could replace other non renewable sources worldwide, announced Karl Gawell, the director of Geothermal Energy Association.
read more... 25/05/2012
German power prices at a record low due to an oversupply of carbon permits
The European Union hesitation to decide whether to reduce the oversupply of emission supplies pushed the German electricity prices to their deepest level since at least 2006.
read more... 25/05/2012
Daily – Crude ends higher as Iran talks extended
WTi and ICE Brent crude oil futures increased on Thursday as Iran and major powers, unable to sign an agreement on Tehran’s disputed nuclear program, ended negotiations until next month.
read more... 25/05/2012
North Stream Line 1 delivers gas at full capacity
The first line of Russia’s Nord Stream gas pipeline, which lays across the Baltic Seabed to Germany, has reached its full operating capacity, according to a Gazprom official declaration.
read more... 24/05/2012