Latest news
Protecting the environment by reducing our dependency on fossil fuels
Nowadays, energy cost continues to grow and we should avoid an anticipated energy crisis by efficiently reducing our dependence on fossil energies.
read more... 04/06/2010
Solar electricity could reach 22 percent of global power supply by 2050
According to the International Energy Agency(IEA), solar electricity could provide up to a quarter of the world's power by 2050, thus cutting greenhouse gas emissions by almost 6 billion tonnes and reducing the dependence on fossil fuels, though government support is imperative in the next decade.
read more... 12/05/2010
Galp’s profit increased
Portuguese fuel and oil company, Galp Energia, registered a 32 % increase in adjusted first-quarter net profit because of the fact that refining volume and crude production increased, despite all expectations.
read more... 06/05/2010
Oil price fell
Both, the strengthening of U.S. dollar and large U.S. crude and fuel stocks, have influenced the oil price on Tuesday which fell below $86 per barrel, after reaching $87.15 per barrel on Monday, the highest level for the last 19 months, when the price for oil crude reached $89.82, in October 9, 2008.
read more... 04/05/2010
Power prices stable in the Nordic region
On Friday, the forward prices for Nordic electricity increased, because of the high German power prices, as well as fossil fuel increased prices for coal and oil, and another factor is the cold weather.
read more... 09/04/2010