Latest news
DECC: UK carbon emissions rose 3.1 % in 2010
According to the latest statistics released by the Department for Energy and Climate Change, UK greenhouse gas emissions rose by 3.1% in 2010, the rise being attributed to increased home heating during a cold winter, meaning a greater use of fossil fuels and shutdowns at nuclear power plants after technical problems.
read more... 10/02/2012
Daily- Brent firmer on Iran’s threats to cut off oil supplies to Europe
Brent crude oil futures opened Thursday’s session above $117 a barrel on hopes of demand growth revival as Greece inches closer to getting its debt crisis under control and Iran’s new threats to cut off oil supplies to Europe. Front-month Brent added 61 cents to $117.81 a barrel by 1014 GMT, rising for an eighth straight day.
read more... 09/02/2012
Turkey to focus on coal and nuclear instead of cleaner power generation
While many European countries are moving towards a cleaner power generation, Turkey decided to turn to the traditional power generation methods, implying coal and nuclear.
read more... 09/02/2012
E.ON and Hydrocop to struggle for hydro concessions in France
German utility E.ON and France-based Hydrocop Concessions, a group of eight energy distributors, announced their plans to bid for hydropower contracts in France.
read more... 09/02/2012
Statoil doubled its net income in 2011
Statoil ASA, Norway’s largest oil and natural gas company is aiming to spend about $3 billion for the completion of approximately 40 wells during 2012, following its plans to raise production to 2.5 million barrels of oil equivalent a day in 2020, as it expands abroad and seeks to maintain production at home.
read more... 09/02/2012