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Forecast of 7000 MW for Italian solar installed capacity by the end of June

Italian photovoltaic energy market had shown a rapid growth after introducing an incentives scheme for solar energy in 2007. According to an official at Italy’s state energy services agency GSE, this renewable sector may reach 7,000 MW by the end of June.

read more... 05/05/2011

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Statoil registers stronger Q1 profit on high oil prices

Norwegian oil and gas major Statoil ASA reported on Wednesday that higher oil and gas prices have boosted its first quarter profits by 44 percent.

read more... 05/05/2011

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Tax hike on North Sea oil industry might hit investor confidence

Oil and gas industry leaders have met on Wednesday to energy Select Committee in London as to make a final attempt to convince the Government to modify its decision regarding a tax hike of £10bn on North Sea energy companies warning that it could have austere implications on energy industry. industry.

read more... 05/05/2011

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USA to host the largest annual wind energy event, WINDPOWER 2011

One of the most important events of the 2011 will take part during May 22-25 at the American Anaheim Convention Center which will assist about 20,000 of wind industry players, government officials such as Kansas Governor Sam Brownback, the Congressman Earl Blumenauer, the CNN Founder Ted Turner and other important wind business personalities.

read more... 04/05/2011

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Daily energy Overview, Wednesday, May 04, 2011

U.S. crude oil futures continued to drop on Tuesday following a stronger dollar from a three-year low against a basket of currencies. U.S. crude for delivery in June traded at 111.05 dollars a barrel, down 2.47 dollars after a trading range from 110.30 to 113.22 dollars, while ICE Brent crude for delivery in June traded at 122.45 dollars, down 2.67 dollars after a trading range from 121.75 to 125.02 dollars.

read more... 04/05/2011

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