Latest news
Eni carries off custumers of GDF Suez
Since 2011, Eni is the second largest gas supplier in France, with total gas deliveries of 74 TWh, representing 14% of the overall market share. GDF Suez still leads the French retail gas market but will have to work harder to maintain its residential customers. Daily, about 500 French consumers sign up contracts with Italian company Eni.
read more... 23/05/2013
Is the Earth on the edge of a solar energy boom?
The solar energy comes from the Sun every day. The Earth receives an equivalent of 12.2 trillion watt-hours in solar energy every year, according to experts’ calculations. That's over 20,000 times more than the total energy all of humanity consumes each year.
read more... 23/05/2013
Daily: Crude oil declines on U.S gasoline surplus
Crude oil prices dropped on Wednesday following an increase in U.S. gasoline stocks which prompted selling, then crude oil extended losses in late trading after U.S. equities fell in choppy trading, dragged down by the Fed released minutes of its April 30-May 1 meeting.
read more... 23/05/2013
Poland will not apply taxes on shale gas production by 2020
After several foreign companies, as Exxon Mobil, Canada’s Talisman Energy and US oil firm Marathon, quit the Polish market in the past few months, the finance minister, Jacek Rostowski, has announced that Poland will not tax shale gas production until 2020 and will improve regulation, in a move which aims to attract energy explorers.
read more... 23/05/2013
Portugal’s power production from renewables at 70%
Redes Energeticas Nacionais, the operator of the country’s energy grid has recently announced that Portugal has reached a major landmark, about 70% of the country’s energy was supplied through renewable sources in the first quarter of 2013, which proves that Portugal has serious intentions to abandon fossil fuels.
read more... 22/05/2013