Latest news
Spain’s wind power sector
Wind was Spain's top electricity generator for the first six months of 2013. Spain has a vigorous and varied renewable energy portfolio that has considerably reduced its dependence on fossil fuels. Currently Spain imports more than 80% of its gas and coal for domestic use from abroad, making energy security a national precedence. Along with significant growth in solar energy and biofuels, wind energy has become a cornerstone of the Spanish renewable energy portfolio.
read more... 23/10/2013
French GDF Suez to make a first step in UK’s shale gas exploration
French energy major GDF Suez has struck a deal with Australia-listed Dart Energy to explore 13 onshore licences prospective for unconventional gas in the UK. This will represent the first step for the GDF into the shale revolution despite a ban on exploration in France.
read more... 23/10/2013
Eni CEO: EU economies could face a long-term structural challenge to compete with industrial operators in the US
The shale gas revolution in the US is frequently mentioned as one of the major highlights of the world’s energy industry in the last 10 years. The growth in shale gas production in the US since 2001 has led to significant changes in the national energy market.
read more... 22/10/2013
Daily: British gas soars on weak North Sea supply
Brent crude oil futures traded steady above $110 a barrel on Monday on hopes the U.S. Federal Reserve would delay reducing its massive economic stimulus programme until next year, which could help encourage oil demand in the world's largest oil consumer. Brent crude futures for December delivery rose 10 cents to $110.04 a barrel by 03:43 GMT, while U.S. crude oil futures for November delivery increased by 3 cents to $100.84, after earlier boosting as high as $100.95.
read more... 22/10/2013
Sofia to build a Bulgaria-Greece gas grid interconnector by 2016
Sofia intends to build a Bulgaria-Greece gas grid interconnector in the middle of 2016, according to the declarations made by a company official on Friday.
read more... 21/10/2013