Latest news

China to show a huge development in its wind power sector

According to a recently released report of the Chinese Wind Energy Association, China increased its wind power capacity to 44.7 GW in 2010 moving the country to the first globally place followed by USA.

read more... 28/04/2011

news

Gazprom adjusts the program for hydrocarbon resources development

Under the updated Program for hydrocarbon resources development on the Russian Federation shelf until 2030 adopted by Gazprom Board of Directors, the giant will produce 200 billion cubic meters of gas and 10 million metric tons of oil.

read more... 21/04/2011

news

FuelCell Energy to award two contracts for renewable biogas processing and carbon capture

FuelCell Energy, a developing and manufacturing company of ultra-clean fuel cell power plants which generate electricity with up to twice the efficiency of conventional fossil fuel plants, announced the development of 2 renewable projects worth a total of 1.7 million dollars.

read more... 14/04/2011

news

China to focus its eye on biomass energy development

According to the Professor Shi Yuanchun, an academician at the Chinese Academy of Sciences and the Chinese Academy of Engineering, biomass has become one of the most important renewable energy generation sources. Due to country’s abundant “microorganisms” and plants sources, biomass represents a convenient “green” source with zero carbon dioxide emissions.

read more... 11/04/2011

news

Rosneft and Chevron to break their collaboration on Black Sea field

According to Kommersant business daily declarations, U.S. oil giant Chevron Corporation and Russian state oil producer Rosneft are likely to put an end to their collaboration on a joint development of the Val Shatskogo deposit on the Black Sea field, a deepwater region which is said to contain more than 6 billion barrels of oil

read more... 23/03/2011

news