Latest news
New gas discovery in Italy’s PO Valley
Sound Oil plc, an independent oil and gas company, which activates mainly in Indonesia and Italy, has announced a new gas discovery at Nervesa well, in Italy’s Po Valley. A further announcement on total estimated quantities at the site will be made in the coming months, with possible production envisaged for 2015.
read more... 25/07/2013
Australia on the way to surpass its 2020 renewable energy target
Australia, one of the most coal-dependent countries in the world, is on the track to not only reach its renewable energy target by 2020, but it could even surpass it, according to a new report.
read more... 31/05/2013
Italy is still far away from energy independency
Italy, unfortunately, is still far away from being independent from the point of view of energy production. According to a report on renewable sources released by Svimez, Italy is still too dependent on energy from other European countries, with heavy result on costs.
read more... 14/05/2013
Poland is working on plans for its first nuclear power plant
Poland wants to reduce its dependence on highly polluting coal and expensive Russian gas imports, so it is working hard on its program for introducing nuclear power in its energy mix. At present it is highly dependent on coal, which provides around 90% of the country’s energy.
read more... 03/05/2013
Daily: UK prompt gas extend losses on warmer weather
Brent crude oil futures dropped on Wednesday, pulled down by a steep sell-off in U.S. gasoline futures after a U.S. government report indicated a surprisingly build in domestic gasoline inventories, while a strong U.S. equities market brought oil prices some support. Meanwhile, U.S. crude oil prices moved independently and posted a gain on the day, at one point gaining more than 60 cents from Tuesday's close.
read more... 11/04/2013