Latest news
BP and Rosneft sign offshore exploration agreement
European oil giant BP has concluded a deal with Rosneft, Russia's largest oil producer, to develop the Arctic's vast oil and gas fields. The agreement provides the development of three of Rosneft's offshore license exploration blocks-- EPNZ 1,2,3 in northern Russia.
read more... 18/01/2011
GE completes the wind farm in Fere-Champenoise, France, with a 45MW capacity
A wind farm was completed in Fere-Champenoise, (the most suitable region in France for the development of wind turbines technologies), one of GE’s most important projects that will help France reach its energy generation target of 23 percent from wind turbines by 2020.
read more... 12/01/2011
BP examines the possibility of drilling a new well in the Caspian Sea.
BP, the largest foreign investor in Azerbaijan which operates the technical aspects of the project on the development of the Shah Deniz gas field wants to build new production well in the Caspian Sea.
read more... 30/12/2010
The unconventional gas suppliers from Europe need subsidies from government to become attractive on the market.
The Oxford Institute for Energy Studies in collaboration with the SBC Energy Institute has published a study on unconventional gas in Europe. The study "Can unconventional gas be a game changer in European gas markets?” concludes that unconventional gas development will not be a game changer for European gas markets overall. However, it could have a significant impact in individual countries, although probably not in this decade.
read more... 27/12/2010
Increasing competition for energy generation in Sweden.
Sweden is one of European countries that had focused its orientation on the development of the energy industry.
read more... 23/12/2010