Latest news
Shale gas production in China reached 143 million cubic meters
The National Energy Administration has announced that China's shale gas production has reached 143 million cubic meters. The country's largest refiner Sinopec Co has drilled nearly 30 pilot shale gas wells in the Fuling area of Chongqing municipality in southwest China, part of the Sichuan basin, one of the most promising geological zones for the unconventional fuel. Six of the wells are pumping about 1.06 million cubic meters of gas, or an average of nearly 180,000 cubic meters per well.
read more... 06/12/2013
European Commission approves free greenhouse gas emissions permits in Bulgaria
The European Commission gave the green light on 4 December to Bulgaria’s plan to allocate €945 million worth of carbon emissions trading allowances free of charge to modernize the electricity sector, decision in line with EU state aid rules.
read more... 05/12/2013
China’s on grid solar capacity to triple by the end of 2013
According to China’s National Energy Administration (NEA), total grid-connected solar capacity in China could triple to 10 GW by the end of the year. The total grid installed generation capacity from all sources is predicted to reach 1,235GW by the end of this year, representing a 200% rise, in comparison to a year before.
read more... 05/12/2013
Daily: European coal prices register few changes amid thin trading
Brent crude rose towards $113 a barrel on Wednesday, while the U.S. benchmark jumped more than $1 to a five-week high after news of the scheduled start of a vital pipeline helping to ease a supply blockage at the country's main oil storage hub.
read more... 05/12/2013
UK Government to finance a new nuclear power plant in Anglesey
The UK Government has announced it intends to finance a new nuclear power station in Anglesey in North Wales within three years.
read more... 05/12/2013