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Wind energy could surpass coal and gas as Europe's major power source by 2030

Wind energy might become the major source of electricity supply in the EU by 2030 if governments apply the right level of ambition in their climate and energy policies, as mentioned in the EWEA's latest report.

read more... 20/11/2015

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Eni vends the remaining stake of 4% in Galp for $348 million

Eni has sold its remaining stake of 4 percent in Portugal's Galp Energia increasing 325 million euros ($348 million), as stated by the Italian oil and gas group on Friday.

read more... 20/11/2015

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Daily: Crude oil rebound, wiping out previous losses

Crude oil prices rebounded on Monday, wiping out previous losses, after nearing the psychologically key $40-a- barrel level. WTI crude rose $1, or 2.5%, to settle at $41.74 a barrel. Brent, the global benchmark, boosted by 9 cents, or 0.2%, to close at $44.56 a barrel on ICE Futures Europe.

read more... 17/11/2015

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25 MW floating wind farm off Portugal – Europe’s second ever

EDP Renovaveis made known on Monday it has reached an agreement with four other firms to develop a 25-MW offshore floating wind project in Portugal.

read more... 17/11/2015

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Poland will try to find financing for its largest coal miner

Poland will try to obtain financing for European Union's biggest coal miner Kompania Weglowa and intends to switch old mines with more efficient ones, as stated on Saturday by energy minister designate Krzysztof Tchorzewski in a newspaper Gazeta Wyborcza.

read more... 17/11/2015

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