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Nabucco denies the rumors of postponement

According to the recent declarations of one of the shareholders in the Nabucco project, the pipeline which aims to reduce the European dependence on Russian gas, may deliver its first gas in 2018, a year later than anticipated.

read more... 17/10/2011

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Four energy majors in a huge North Sea investment

The UK oil giant, BP, alongside its partners Chevron, ConocoPhillips and Shell have won the British government approval to invest US$15.7 billion (GBP10 billion) in the development of a huge oil field in the North Sea over the next five years.

read more... 17/10/2011

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Daily – oil up more than 3 dollars on unresolved Euro zone crisis

NYMEX and Brent crude oil futures continued to increase more than 3 dollars on Friday on hopes that European leaders could resolve the crisis and on strong U.S. retail sales numbers.

read more... 17/10/2011

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Green policies to push up energy bills by around £300 by 2020

According to a report released by the environmentalist group, Friends of Earth, the UK’s electricity bills could add at least £300 a year per household by 2020, due to the persistent use of the fossil fuels.

read more... 17/10/2011

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New feed-in tariffs for anaerobic digestion in UK

The new feed-in tariff scheme for anaerobic digestion in UK was approved by the European Commission that took effect last September 30. Under the new scheme, the projects under 250 kW will receive 14 pence per kWh and 13 pence per kWh for projects with a capacity between 250 and 500 kW, while the anaerobic utilities up to 500 kW will receive 12.1 pence per kWh.

read more... 17/10/2011

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