Latest news
UK is going ahead with shale gas exploration
Britain is moving ahead with plans to accelerate the search for shale oil and gas, as a British government report has found that more than half of the country could be suitable for shale gas fracking. The government published a new report which claims the energy source will not have a detrimental effect on the environment.
read more... 18/12/2013
Bulgaria to build another nuclear power plant
Bulgaria's Government has approved the report presented by the Energy Minister Dragomir Stoynev, regarding the need to build a new unit at the country's only nuclear power plant, Kozloduy NPP. The Bulgarian Energy Holding (BEH) intends to negotiate with US energy giant Westinghouse, which is to build the reactor with its technology.
read more... 18/12/2013
EIA: U.S. crude oil output to hit an unprecedented high of 9.5 million bpd
U.S. oil production is expected to hit an unprecedented high by 2016, with 9.5 million barrels per day, near the all-time high set in the boom of 1970, according to the Annual Energy Outlook, released by U.S. Energy Information Administration (EIA).
read more... 17/12/2013
Power from the Hinkley C nuclear generator could be too expensive
Jim Ratcliffe, the boss of one of the UK's biggest energy consumers, the chemical company Ineos, which owns the Grangemouth oil refinery in Scotland has warned that nuclear power from the Hinkley C generator, will be too costly in comparison to energy from elsewhere.
read more... 17/12/2013
Shale gas to cut Poland’s CO2 emissions
The possibility offered by Poland’s shale gas reserves will allow the country to build upon its recent economic development, as well as to reshape its energy sector.
read more... 13/12/2013