Latest news
Europe: the hike in oil prices intensified by a fall in the value of the euro against the dollar
Despite recent declines in oil prices, they still remain at amazingly high levels around the world, driving up nations to spend more money on oil imports.
read more... 05/06/2012
Unconventional gas to change global energy market in future
A boom in unconventional natural gas over the next 20 years could see the United States and others benefit from cheaper energy while the importance of the Middle East declines, the International Energy Agency (IEA) said last week.
read more... 31/05/2012
Italy’s Eni makes a significant oil discovery in Egypt
Italy’s energy giant Eni unveiled an important oil find in Egypt's Western Desert, at the Emry Deep exploration prospect, located in the Meleiha Concession, 290 kilometres southwest of the port city of Alexandria.
read more... 25/05/2012
Global geothermal capacity reaches approximately 11,224 MW
Global geothermal capacity has increased to about 11,224 MW of installed capacity as of May 2012, emphasizing again the importance of this baseload energy source that could replace other non renewable sources worldwide, announced Karl Gawell, the director of Geothermal Energy Association.
read more... 25/05/2012
France considers a carbon tariff on EU imports
The newly elected administration in France is looking to revive the idea of putting a carbon tax on all goods imported from outside Europe, meaning that all manufacturers outside the EU should buy carbon permits from the EU's emissions trading scheme (EU-ETS).
read more... 23/05/2012