Latest news
Gazprom earnings for 2012 down 10%
Russian energy giant Gazprom, the world’s biggest natural gas producer, reported a 10% drop in its earnings amid lower gas sales. Profits for 2012 amounted to 38.17 billion dollars, compared to 42.2 billion dollars in 2011.
read more... 30/04/2013
Eurostat: Europe on track to achieve 2020 renewable energy target
The EU member nations are on track to achieve their 2020 renewable energy target, according to the most recent statistics released by Eurostat.
read more... 30/04/2013
Russia to support the development of renewable energy sources
The Russian Energy Minister submitted on 15 April a draft law to Dmitry Medvedev, prime minister of Russia, which eyes supporting the development of renewable energy sources, such as solar power, wind power, and hydroelectric power.
read more... 29/04/2013
DECC: UK’s oil and gas output down in 2012
New annual statistics offered by the Department of Energy and Climate Change revealed that UK’s oil and gas output dropped by 10.3% in 2012 to 122.9 million tons of oil equivalent.
read more... 29/04/2013
UK: Shale gas could improve energy security but could not reduce energy bills
The UK has decided along with other countries, to follow the example of the United States on what concerns the shale gas production. MPs has criticized the government for delaying development of shale gas instead of encouraging companies to come up with more precise estimates of recoverable reserves.
read more... 26/04/2013