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Lower fuel prices in Nordic countries

The drop in forward electricity prices in Nordic countries was caused basically by the wet weather and by the drop of the fuel prices.

read more... 15/07/2010

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New EU package adopted on the sustainability criteria of biofuels

The European Commission adopted two Communications and a Decision June 10, encouraging industries, governments and NGOs to set up certification schemes on the sustainability criteria of biofuels, including the imported ones in the EU, as to aid reach the EU target in a sustainable way, the one of getting 20% of renewable energy from total energy consumption.

read more... 11/06/2010

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Protecting the environment by reducing our dependency on fossil fuels

Nowadays, energy cost continues to grow and we should avoid an anticipated energy crisis by efficiently reducing our dependence on fossil energies.

read more... 04/06/2010

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Solar electricity could reach 22 percent of global power supply by 2050

According to the International Energy Agency(IEA), solar electricity could provide up to a quarter of the world's power by 2050, thus cutting greenhouse gas emissions by almost 6 billion tonnes and reducing the dependence on fossil fuels, though government support is imperative in the next decade.

read more... 12/05/2010

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Galp’s profit increased

Portuguese fuel and oil company, Galp Energia, registered a 32 % increase in adjusted first-quarter net profit because of the fact that refining volume and crude production increased, despite all expectations.

read more... 06/05/2010

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