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Wind energy associations met in Spain to call for a 2030 renewables target
Last week, CEOs of 12 national wind energy associations from across Europe met in Spain to unite their efforts in a call for a compulsory 2030 renewable energy target.
read more... 15/10/2013
The real cost of renewables versus nuclear and fossil energy
Last Friday, 10 CEO’s of large nuclear and fossil energy producers held a press conference in Brussels, asking European governments to stop subsidising renewable energy. Remarkably, Gerard Mestrallet CEO for GDF-Suez, was one of them. Strange, because in Belgium GDF-Suez is the largest beneficiary of renewable energy subsidies. Zero Emission Solutions, a study and consultancy agency for renewable energy, draws the attention to these CEO’s that today – at least in Belgium - nuclear and fossil energy production benefits from more governmental aid than renewable energy:
read more... 15/10/2013
Daily: Crude oil prices pressured by Fed CEO
Crude oil prices were under pressure on Wednesday following the declaration of U.S. Federal Reserve CEO Ben Bernanke that the Fed should reduce the amount of money it injects into economy later this year, while higher crude stockpiles in the United States also hit prices.
read more... 20/06/2013
French Total to explore shale gas in the UK
France’s Total, Europe’s third-largest oil company, is envisaging investing in shale gas exploration in the UK, said the company’s CEO Christophe de Margerie.
read more... 15/02/2013
Bulgaria to sign a gas supply contract with Gazprom
According to Gazprom CEO Alexei Miller, the final investment decision on the construction of the underwater section of the South Stream gas pipeline is to be taken by the middle of November while the construction is to start at the beginning of December.
read more... 15/11/2012