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Ukraine to cooperate with U.S. in diversification of shale gas production

According to the Ministry of Energy and Coal Industry of Ukraine, the governments of Ukraine and the United States discussed a future collaboration in the nuclear energy sector and have signed a memorandum on cooperation to explore shale gas deposits in Ukraine.

read more... 23/02/2011

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Daily Energy Overview, Tuesday, February 22, 2011

U.S. crude oil futures increased over 5 dollars on Monday, the biggest one-day increase in the last two years as political situation in Libya is not getting better. The light sweet crude oil contract, which expires on Tuesday, increased by more than 5.10 dollars, registering an intraday high level of 91.30 dollars, the highest in the last two weeks.

read more... 22/02/2011

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OPDE starts the development of 6 photovoltaic solar farms in Italy

Six photovoltaic solar plants will be developed by OPDE in the region of Alessandria and Cuneo) Italy, with a total installed capacity of 26 MWp. The amount of farms construction will exceed 120 million Euros.

read more... 22/02/2011

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Shanghai thermal power broke the world record for the lowest coal consumption in its power generation

Shanghai No.3 power plant’s mega kilowatt power generators broke the world record for the lowest coal consumption for its electricity generation, having reached a coal consumption of 279.39 g per KWh for a power generation of 11 billion KWh during last year.

read more... 22/02/2011

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Putin criticizes Gazprom’s inefficiency

The Russian Prime Minister, Vladimir Putin accused Gazprom, the biggest Russian energy company, of being inefficient in its activity and refusing to share its LNG pipelines with independent producers.

read more... 22/02/2011

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