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Ireland has sufficient wind to shift towards a sustainable energy future

According to a new energy roadmap released by the Sustainable Energy Authority of Ireland (SEAI), the country could avoid more than 250 million tons of carbon dioxide emissions by 2050 through the development of wind power, smart grid technology and electric vehicles.

read more... 28/12/2011

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Libyan oil production surpasses 1 million barrels per day

Iraqi crude oil production soared to the highest level in at least 20 years, or more than 3 million barrels per day, according to Hussain al-Shahristani, deputy prime minister for energy affairs.

read more... 28/12/2011

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China: natural gas imports set to jump

China, the world’s second-largest oil consumer will continue to be dependent on natural gas imports, which account for more than half of the Chinese total consumption.

read more... 28/12/2011

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ABB invests in CPV Company

ABB announced its intention to invest about 20 million dollars for a minority stake in Green Volts Company, as part of a 35 million dollars financial round, a California provider of turnkey concentrating photovoltaic systems (CPV), which are 30-40 percent more efficient than traditional photovoltaic and thin-film modules.

read more... 28/12/2011

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Daily – oil up for the sixth day in line

Crude oil futures increased for the sixth day in line on Tuesday as Iran’s ready to stop oil moving in the Strait of Hormuz if foreign sanctions on Tehran’s oil sales are imposed added to concerns over other possible threats to the supply from the region.

read more... 28/12/2011

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