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German Vario completed 6.2 MW in the Slovak Republic

The German Vario green energy group ended the construction of six solar parks with a total power capacity of 6.2 MW. These are located in the Slovak regions Poltár, Biskupice and Rumince. The photovoltaic solar parks consist of 70,000 solar modules that will soon feed in 7 million kWh of electricity into the local grid, while the plant operators will get a remuneration of 38.23 Eurocents.

read more... 18/07/2011

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Irish energy prices lower than EU average

According to a recent released report by the Sustainable Energy Authority of Ireland (SEAI), the households in Ireland have been paying lower prices for energy than the EU average price.

read more... 18/07/2011

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ENI and PDVSA in a $2 billion financing deal

The Italian energy company, ENI, signed a $2 billion financing agreement with Venezuela's Petroleos de Venezuela SA (PDVSA) to jointly develop oil projects in the Orinoco River basin and build a power plant in eastern Venezuela.

read more... 18/07/2011

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UK energy drilling declines to a nine-year low

Energy companies operating in the UK North Sea, drilled 50 % fewer wells compared with April to June of 2010, mainly due to tax increases, reaching the lowest level in the second quarter since nine years, according to the industry figures.

read more... 15/07/2011

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Daily Energy Market Overview, Friday, July 15, 2011

Oil price dropped on Friday on a weaker dollar after the warning from the ratings agency Standard & Poor's about a possible credit rating cut of the Unites States. Brent crude for September decreased by 58 cents to $115.68 a barrel by 10:01 GMT, after the expiry of the August contract on Thursday at $118.32. Meanwhile, U.S. crude prices decreased 11 cents to $95.58 after having lost more than $2 on Thursday.

read more... 15/07/2011

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