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Iraq plans to triple its oil production in six years
Iraq, the producer of more than three million barrels of crude oil per day, is expecting to increase its capacity of production to more than 10 million barrels per day within the next six years, Iraqi Deputy Prime Minister for Energy said at a special briefing in Washington.
read more... 25/04/2012
UK to strengthen its offshore capacity with floating wind turbines
The UK and US will collaborate on the development of floating wind turbines aimed to harness more offshore wind power at competitive costs and increase the UK’s potential for offshore wind power mainly after 2020.
read more... 25/04/2012
New jobs in green energy and smart grids in U.K.
Britain's renewable energy market is expected to turn over 24 billion pounds ($39 billion) by 2020, more than double what British green energy companies made in 2010/11, a study by consultancy Innovas Solutions said.
read more... 25/04/2012
Eni to launch natural gas production in western Siberia
The Italian energy giant, Eni alongside a joint venture with Russian companies started the production of hydrocarbons in the Russian Federation, from the Samburskoye field, located western Siberia, as the group aims to increase its influence on one of the largest gas market in the world.
read more... 24/04/2012
Daily – oil futures down on North Sea output problem
Crude oil futures decreased on Monday as a North Sea output problem and fears over Iran and potential supply disruptions countered pressure from renewed worries about euro zone economy and political uncertainty in the region.
read more... 24/04/2012