According to the Environment Ministry declarations, Bulgaria has rejected for a third time the report on environmental impact assessment of the Bourgas–Alexandroupolis oil pipeline, aimed to pump Russian crude oil to Greece via Bulgarian territory.
read more... 24/06/2011
Crude oil futures went up on Wednesday supported by the report indicating a drop in crude inventories in the Unites States and the Federal Reserve policy announcement which left interest rates at a low level and supported expectations for a weak dollar.
read more... 23/06/2011
Biomass presents an important source used to generate renewable energy, mainly for Scotland that plans to achieve its 2020 target of producing 100% of its energy from renewable sources. Biomass is a valuable source that is not affected by different factors, such as weather, on which depend other types of renewable sources.
read more... 23/06/2011
BP announced on Tuesday that it has reached agreement with Swiss-based Weatherford to settle potential claims between the companies related to the Deepwater Horizon accident.
read more... 23/06/2011
The energy watchdog Ofgem has launched a set of rigid market reforms for Britain's six major power companies; involving the auction of more than one fifth of the electricity they generate, in order to increase competition on the market.
read more... 23/06/2011