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Russia’s Gazprom and Italy’s Eni extend their strategic agreement until 2012.

Gazprom and Eni have extended their 2006 strategic agreement, which would have expired on December 2010, until 2012. The agreement targets the boost of industrial and commercial operations in Russia and third countries.

read more... 24/12/2010

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GE Energy Financial reached renewable target.

GE’s unit, GE Energy Financial Services, realized its proposed objective of building a $6 billion portfolio of renewable energy investments by the end of 2010.

read more... 13/12/2010

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World Bank sees progress in China’s green sector.

The World Bank acknowledged the incredible progress China has made over the last three decades and is on track to meet the target of generating 15% of its energy from non-fossil fuels by 2020.

read more... 25/11/2010

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EU could miss one of its 2020 targets.

Europe could miss the achievement of its target of 20% of generated energy from renewable in the next 10 years, because of lack of financing.

read more... 18/11/2010

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Statoil delayed its planned output increase by 2012.

Norway's Statoil decreased its 2010 oil and gas production target on Wednesday, after heavy maintenance work in the third quarter that affected its earnings and casted doubt on its plans to increase the output to 14% by 2012.

read more... 04/11/2010

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