Latest news
BP to invest 800 million dollars in a wind farm
BP, a giant oil company, revealed its plans to invest 800 million dollars in the construction of a wind farm in Kansas (USA), Flat Ridge 2, as to strengthen its position as the major player in America’s rapidly growing renewable industry and boost the local economy by creating thus about 500 jobs.
read more... 13/10/2011
Global Recession Impacts Oil Demand Forecasts
Despite the recession in the United States and Europe, global oil demand may increase more than expected, mainly supported by stronger oil consumption in the Middle East and China, but also in Japan that underwent a tremendous economic transformation following a nuclear crisis.
read more... 13/10/2011
China reveals its shale gas output target
China, as the world’s second largest energy consumer, envisages the development of unconventional energy in order to meet its soaring demand for energy. Thus, the Chinese government revealed its plans to explore the country’s huge potential of shale gas reserves, as a result of some European countries’ decisions to ban the exploration of shale gas.
read more... 13/10/2011
British Gas says “no” to door to door selling
British Gas announced its plans to completely suspend their door to door selling practice, claming that this technique is outdated.
read more... 13/10/2011
UK registers an increase in renewables
Renewable energy is a fast growing sector, recording an increased demand for green energy year on year around the world. Furthermore, electricity is getting more expensive, fact that pushes people to use green power that is less expensive.
read more... 12/10/2011