Latest news
BP gets green light to drill a new deep water-well off Shetland
The British oil major BP has been given the green light to drill a new deep water oil well in Scottish waters off the northwest of Shetland, according to the information provided by the Department of Energy and Climate Change (DECC).
read more... 26/03/2012
Spain halts the award of new feed-in tariff contracts
The new center-right Spanish government decided to halt temporarily the award of new feed-in tariff contracts starting January 2013 amid rising fiscal challenges. This could affect negatively about 4,500 MW and 550 MW of wind and solar PV power projects respectively, as well as other energy classes’ projects.
read more... 23/03/2012
Daily – U.S. and Brent crude falls on global economic worries
Crude oil futures traded down on Thursday on fears for low euro zone and Chinese manufacturing data which showed diminished demand for oil. WTi crude for May delivery traded at 105.35 dollars per barrel, losing 1.92 dollars after a trading range from 104.50 to 107.12 dollars. ICE Brent crude for May delivery traded at 123.14 dollars a barrel, down 1.06 dollars, the lowest settlement since March 6, when it closed the session at 121.98 dollars.
read more... 23/03/2012
The world’s most powerful offshore wind turbine installed in Belgium
The world’s most powerful offshore turbine, capable of generating 6.15 MW of power was installed in Belgium by the German energy company RWE Innogy and Belgian offshore project development company C-Power NV.
read more... 23/03/2012
Bulgaria’s Energy Regulator proposes a 12.73 % hike of natural gas as from April, 1
Bulgaria’s State Energy and Water Regulatory Commission (DKEVR) has adopted the report of the expert working group of the Regulatory body, which proposed to boost natural gas prices by 12.73% from April, 1st.
read more... 23/03/2012