Latest news
Coal is still the dominant fuel in Germany’s energy mix
According to a study made by German Fraunhofer Institute, electricity generated from Germany's coal-fired power plants contributed more than 50% to the nation's electricity demand as production from natural gas and wind dropped significantly. Germany's coal-fired power stations registered a 5.4% increase in production in the first three quarters of this year, rising to 189.4 terawatt hours (TWh).
read more... 10/10/2013
Chevron to sign a shale gas agreement with Ukraine
Ukraine has inked a draft production agreement for shale natural gas with US energy company Chevron.
read more... 08/10/2013
The U.S to become the world’s largest producer of oil and gas
According to a Wall Street Journal analysis, the United States will become the world's largest producer of oil and natural gas by the end of 2017 surpassing Russia. This could happen thanks to a boost in US fuel production determined by technology which will allow energy companies to tap into oil and gas in underground shale rock formations.
read more... 04/10/2013
PV industry production increased despite a decline in investments
Global production of solar cells grew by 10% last year and Europe continues to be a leader in newly installed capacities representing almost 52% of the new worldwide installed capacity, while the total investment in renewable energy declined significantly in 2012 in comparison to a year before levels with a major decrease for both solar and wind energy investments.
read more... 03/10/2013
China to become third largest producer of natural gas by 2035
According to Torstein Indreb, the secretary general of the International Gas Union, China is expected to become the world's third largest natural gas producer in 2035. For China, boosting domestic natural gas production would mean reduced dependency on costly imports in the form of liquefied natural gas or pipelines from Russia and central Asia.
read more... 02/10/2013