Latest news
China is becoming a driving force in renewables investments across the world
China ranks first in the world in attracting renewable energy investment, receiving US$ 65.1 billion in 2012. However, a new analysis performed by the World Resources Institute (WRI) shows that China is increasingly becoming a global force in international clean energy investment.
read more... 10/09/2013
Russia and China to agree terms of multi-billion dollar gas deal at the G20 Summit
The Russian energy giant Gazprom and the Chinese National Petroleum Company (CNPC) inked a deal envisaging supply terms for the delivery of natural gas from Russia.
read more... 09/09/2013
UK: Shale gas reserves could quadruple
The IGas Energy Group, one of the UK’s hydrocarbon producers, has announced that its license in north west England could contain over 170 trillion cubic feet (Tcf) of the unconventional gas. According to IGas technical studies, the quantity of shale gas in some regions of the UK has been underestimated.
read more... 06/09/2013
EWEA: Offshore wind turbines increased about 2-fold in 2013
The industry body European Wind Energy Association (EWEA) said in the first half of 2013 the number of new offshore wind turbines installed increased about 2-fold compared with a year ago, however financing for new projects has slowed.
read more... 05/09/2013
Italy to halve offshore exploration areas
According to a Reuters report Italy has halved the offshore areas where it will allow companies to explore for oil and gas as it is aiming to diminish the country’s reliance on energy imports. The move is projected to placate environmental groups and to hasten expansion of new deep-water prospects.
read more... 05/09/2013