The offshore renewable energy industry in UK might produce electricity corresponding to one billion barrels of oil per year, matching oil and gas output in the North Sea, as stated in a report.
read more... 20/05/2010
The National Grid of Great Britain is going to increase its rights issue by 3.2 billion pounds ($ 4.6 billion) in order to sustain its credit rating and fund increased investment, registering already, a 12% increase in its profit.
read more... 20/05/2010
Sergei Kupriyanov, Gazprom's spokesman, announced on Friday that the Gazprom’s South Stream gas pipeline project is under construction and the cost will be less than 20 billion Euros ($25.41 billion).
read more... 17/05/2010
U.S. Renewables Group, which has various investments in renewable energies across North America, plans to raise a fund of up to 2 billion Yuan (293 million USD) for renewable energy projects in China.
read more... 13/05/2010
On Wednesday, Russia has signed a nuclear power plant project with Turkey amounting $20 billion, in order to establish a strong partnership after two Cold War-era rivals. Russia will be responsible for this project by owning a controlling stake.
read more... 13/05/2010