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Caspian Pipeline Consortium (CPC) approved the expansion of the Caspian pipeline.

The shareholders and governing bodies of the Caspian Pipeline Consortium (CPC) approved the budget for expansion of the Caspian pipeline, announced Chevron Corporation.

read more... 16/12/2010

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Ireland considers geothermal exploration.

The project consists in the development of the exploitation of geothermal energy to generate renewable electricity in Ireland.

read more... 16/12/2010

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OPEC expects increase in global oil consumption in 2011.

OPEC forecasts an increase in the global oil consumption by 1.2 million bpd to 87.11 million bpd in 2011.

read more... 16/12/2010

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Daily Energy Overview, Thursday, December 16, 2010

Crude oil futures continued to drop on Thursday, with January contract down 37 cents to $88.25 a barrel by 13:37 GMT, after mixed U.S. economic data and euro zone debt concerns overshadowed the large drop in crude stocks last week.

read more... 16/12/2010

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European Investment Bank (EIB) and Enel Green Power (EGP) signed the first 440 million Euro installment in Rome.

Yesterday in Rome, the European Investment Bank (EIB) and Enel Green Power (EGP) signed the first EUR 440 million installment of a 600 million Euros loan for financing the company’s three-year investment programme in Italy. EGP represents a subsidiary of the Enel group which operates in the renewable and alternative energies sector.

read more... 15/12/2010

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