Latest news
Iran and Armenia to boost energy cooperation
The Iranian newspaper Teheran Times reported that Iran and Armenia will start the construction of a third electricity transmission line between the two countries within two weeks. The project is estimated to cost about $110 million and will have a capacity of 800-900MW between the two countries.
read more... 01/06/2011
Daily energy Overview, Tuesday, May 31, 2011
U.S. crude oil futures were almost steady on Monday, near the two-week high registered last week as American financial markets were closed due to the Memorial Day holiday. By 23:01 GMT, NYMEX crude for July delivery rose 2 cents at $100.61 a barrel. The contract settled at $100.59 a barrel on Friday, up 36 cents.
read more... 31/05/2011
Global wind energy Outlook 2010
In 2010, the leader in the global wind industry was China accounting more than half of the global wind market. The total global installed offshore wind capacity reached 3117.6 MW, of which 1161.7 MW was added in 2010, representing a growth rate of 59 percent from the previous year.
read more... 31/05/2011
Bulgaria could reduce its gas imports from Russia
Traicho Traikov, the Bulgarian Minister of Economy and Energy announced Saturday that US energy giant Chevron has won the tender, with competitors such as the Canadian company BNK, to explore the northern Bulgarian shale gas concession.
read more... 31/05/2011
Can Germany afford to decommission all nuclear plants by 2022?
On Monday, the coalition government announced that Germany will decommission all its nuclear plants by 2022 and instead rely on other forms of electricity generation, including renewable energy.
read more... 31/05/2011