Latest news
Europe prefers American gas to Russian
A new report from National Journal, said that some countries of Eastern Europe intend to reduce dependence on Russian energy, while forming a group to lobby Washington to ease export restrictions, in a move which will allow them to acquire the fuel from the United States.
read more... 20/01/2014
EU’s new carbon emission target could be approved next week
The European Commission is likely to approve a new target where the 28-nation bloc would have to slash its emissions 40% by 2030 from 1990 levels, while significantly scaling back its fixed renewable energy targets from 2020.
read more... 17/01/2014
BP: world energy consumption to increase 41% by 2035
According to the BP Energy Outlook 2035, global energy consumption is likely to rise 41 per cent in the period from 2012 to 2035, a considerable decrease if compared to 55 per cent over the last 23 years and 30% over the last ten. 95% of that growth in demand is expected to come from the emerging economies as China and India, while energy consumption in the developed economies of North America, Europe and Asia is projected to register a very slow growth.
read more... 16/01/2014
Eni to abandon shale gas projects in Poland
Italian energy firm Eni intends to abandon its shale gas projects in Poland due to unclear regulation and difficult geology, the same concerns that have already pushed other foreign firms as Marathon Oil, Talisman Energy and Exxon Mobil, to quit Polish shale. If Eni will leave as well, Chevron and ConocoPhillips would be the last two companies committed to a shale gas industry in Poland.
read more... 15/01/2014
Switzerland: solar power generation increased considerably last year
In line with the current trend in Europe, Switzerland is likely to face an electric power shortage, except there is significant investment in new generating facilities over the next 15-20 years. Traditionally, Switzerland's longest-serving and most important source of renewable energy has been hydropower, but now, “new" renewable energy sources play an ever more significant position in Switzerland’s energy mix.
read more... 14/01/2014